Short Interest in JE Cleantech Holdings Limited (NASDAQ:JCSE) Declines By 46.2%

JE Cleantech Holdings Limited (NASDAQ:JCSE) saw a large drop in short interest in February. As of February 13th, there was short interest totaling 18,855 shares, a drop of 46.2% from the January 29th total of 35,051 shares. Based on an average daily volume of 63,477 shares, the short-interest ratio is currently 0.3 days. Approximately 1.0% of the company’s stock are short sold. Approximately 1.0% of the company’s stock are short sold. Based on an average daily volume of 63,477 shares, the short-interest ratio is currently 0.3 days.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d)” rating on shares of JE Cleantech in a report on Monday, December 29th. One 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 Trading Up 18.6%

Shares of NASDAQ:JCSE opened at $1.21 on Monday. The business has a 50-day moving average of $1.34 and a two-hundred day moving average of $1.24. JE Cleantech has a fifty-two week low of $0.77 and a fifty-two week high of $2.50. The company has a quick ratio of 1.11, a current ratio of 2.58 and a debt-to-equity ratio of 0.49.

JE Cleantech Announces Dividend

The business also recently announced a dividend, which was paid on Wednesday, January 28th. Investors of record on Wednesday, January 21st were issued a $0.44 dividend. The ex-dividend date was Thursday, January 29th.

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.