JE Cleantech Holdings Limited (NASDAQ:JCSE) Sees Large Increase in Short Interest

JE Cleantech Holdings Limited (NASDAQ:JCSE) saw a significant increase in short interest in July. As of July 31st, there was short interest totaling 13,377 shares, an increase of 73.6% from the July 15th total of 7,706 shares. Based on an average daily trading volume, of 8,074 shares, the short-interest ratio is presently 1.7 days. Approximately 0.7% of the shares of the stock are short sold.

JE Cleantech Stock Performance

Shares of JCSE stock traded up $0.02 during mid-day trading on Monday, reaching $1.54. The stock had a trading volume of 11,492 shares, compared to its average volume of 658,207. The company has a current ratio of 2.72, a quick ratio of 1.81 and a debt-to-equity ratio of 0.16. JE Cleantech has a 12-month low of $0.77 and a 12-month high of $2.50. The business has a 50-day simple moving average of $1.38 and a 200 day simple moving average of $1.23.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised JE Cleantech from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, July 20th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

JE Cleantech Company Profile

JE Cleantech Holdings Ltd. is an Israel-based environmental technology firm specializing in advanced water and wastewater treatment solutions. The company designs, manufactures and markets a suite of modular treatment systems that integrate proprietary membrane filtration, advanced oxidation processes, biological treatment and customized chemical formulations. Its offerings address water purification, recycling and process water challenges across municipal, industrial and agricultural end markets.

Through a combination of standardized equipment platforms and bespoke engineering services, JE Cleantech helps clients meet stringent regulatory requirements, reduce freshwater intake and lower overall treatment costs.