Jewett-Cameron Trading Company (NASDAQ:JCTC) Short Interest Up 139.4% in December

Jewett-Cameron Trading Company (NASDAQ:JCTC) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 20,756 shares, a growth of 139.4% from the December 15th total of 8,671 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily trading volume, of 25,903 shares, the short-interest ratio is currently 0.8 days. Based on an average daily trading volume, of 25,903 shares, the short-interest ratio is currently 0.8 days. Currently, 0.6% of the company’s stock are short sold.

Jewett-Cameron Trading Stock Performance

JCTC traded down $0.15 on Friday, hitting $1.97. 28,652 shares of the company were exchanged, compared to its average volume of 18,206. The stock’s fifty day moving average is $2.36 and its 200-day moving average is $3.12. The company has a market cap of $6.93 million, a PE ratio of -0.93 and a beta of 0.14. Jewett-Cameron Trading has a 12 month low of $1.87 and a 12 month high of $4.97.

Jewett-Cameron Trading (NASDAQ:JCTC) last released its quarterly earnings data on Wednesday, January 14th. The company reported ($0.63) EPS for the quarter. Jewett-Cameron Trading had a negative net margin of 18.23% and a negative return on equity of 25.24%. The company had revenue of $8.65 million during the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Jewett-Cameron Trading in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

Insider Activity at Jewett-Cameron Trading

In other news, major shareholder Community Foundation Oregon sold 14,797 shares of the stock in a transaction on Friday, December 26th. The shares were sold at an average price of $2.26, for a total transaction of $33,441.22. Following the transaction, the insider owned 851,709 shares in the company, valued at $1,924,862.34. This represents a 1.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have sold 50,000 shares of company stock worth $114,058 in the last ninety days. Company insiders own 1.26% of the company’s stock.

Hedge Funds Weigh In On Jewett-Cameron Trading

A hedge fund recently bought a new stake in Jewett-Cameron Trading stock. Susquehanna International Group LLP acquired a new stake in Jewett-Cameron Trading Company (NASDAQ:JCTC) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 15,917 shares of the company’s stock, valued at approximately $54,000. Susquehanna International Group LLP owned 0.45% of Jewett-Cameron Trading as of its most recent SEC filing. 26.05% of the stock is owned by institutional investors and hedge funds.

About Jewett-Cameron Trading

Jewett-Cameron Trading Company Ltd. is a supplier of `Value-added` building materials to major home improvement center chains in the western United States. The Company concentrates on the residential repair and remodeling segment of the building materials industry.