JE Cleantech Holdings Limited (NASDAQ:JCSE) Short Interest Down 46.2% in February

JE Cleantech Holdings Limited (NASDAQ:JCSE) was the recipient of a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 18,855 shares, a decline of 46.2% from the January 29th total of 35,051 shares. Approximately 1.0% of the shares of the company are short sold. Based on an average daily trading volume, of 63,477 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 63,477 shares, the days-to-cover ratio is presently 0.3 days. Approximately 1.0% of the shares of the company are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d)” rating on shares of JE Cleantech in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, JE Cleantech has an average rating of “Sell”.

JE Cleantech Stock Performance

Shares of JCSE traded up $0.19 during trading hours on Friday, hitting $1.21. The stock had a trading volume of 497,466 shares, compared to its average volume of 81,898. The firm has a 50-day moving average price of $1.34 and a 200 day moving average price of $1.23. JE Cleantech has a fifty-two week low of $0.77 and a fifty-two week high of $2.50. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.11 and a current ratio of 2.58.

JE Cleantech Dividend Announcement

The company also recently announced a dividend, which was paid on Wednesday, January 28th. Stockholders of record on Wednesday, January 21st were paid a dividend of $0.44 per share. The ex-dividend date of this dividend 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.