Short Interest in JE Cleantech Holdings Limited (NASDAQ:JCSE) Decreases By 38.1%

JE Cleantech Holdings Limited (NASDAQ:JCSE) saw a significant decline in short interest in August. As of August 14th, there was short interest totaling 8,284 shares, a decline of 38.1% from the July 30th total of 13,377 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average daily volume of 6,567 shares, the short-interest ratio is presently 1.3 days.

JE Cleantech Trading Down 6.9%

Shares of JCSE stock traded down $0.10 on Tuesday, hitting $1.42. 29,372 shares of the stock traded hands, compared to its average volume of 618,385. 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 has a 52 week low of $0.77 and a 52 week high of $2.50. The firm has a 50 day simple moving average of $1.41 and a two-hundred day simple moving average of $1.26.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded JE Cleantech from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, July 20th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average 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.