JE Cleantech Holdings Limited (NASDAQ:JCSE) Sees Significant Growth 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. Currently, 0.7% of the shares of the stock are sold short. Based on an average daily volume of 8,074 shares, the days-to-cover ratio is currently 1.7 days.

Wall Street Analysts Forecast Growth

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

JE Cleantech Stock Performance

NASDAQ:JCSE traded down $0.03 during trading hours on Tuesday, hitting $1.55. 2,148 shares of the stock were exchanged, compared to its average volume of 654,047. The company’s 50 day moving average is $1.38 and its two-hundred day moving average is $1.23. JE Cleantech has a twelve month low of $0.77 and a twelve month high of $2.50. The company has a quick ratio of 1.81, a current ratio of 2.72 and a debt-to-equity ratio of 0.16.

About JE Cleantech

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.