JE Cleantech Holdings Limited (NASDAQ:JCSE) Short Interest Down 47.2% in June

JE Cleantech Holdings Limited (NASDAQ:JCSE) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totaling 8,787 shares, a decrease of 47.2% from the June 15th total of 16,641 shares. Based on an average trading volume of 21,817 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.5% of the shares of the stock are short sold.

JE Cleantech Trading Up 1.5%

Shares of NASDAQ JCSE traded up $0.02 during trading on Wednesday, hitting $1.35. The company had a trading volume of 1,265 shares, compared to its average volume of 770,693. The stock has a fifty day simple moving average of $1.30 and a two-hundred day simple moving average of $1.28. 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 1.81, a current ratio of 2.72 and a debt-to-equity ratio of 0.16.

JE Cleantech (NASDAQ:JCSE) last issued its quarterly earnings results on Friday, May 8th. The company reported $0.30 EPS for the quarter. The firm had revenue of $5.33 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d)” rating on shares of JE Cleantech in a research report on Wednesday, June 24th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, JE Cleantech has a consensus rating of “Sell”.

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.