Short Interest in JE Cleantech Holdings Limited (NASDAQ:JCSE) Declines By 37.1%

JE Cleantech Holdings Limited (NASDAQ:JCSE) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 163 shares, a decline of 37.1% from the December 15th total of 259 shares. Based on an average daily volume of 8,266 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 8,266 shares, the days-to-cover ratio is currently 0.0 days.

JE Cleantech Stock Up 25.8%

NASDAQ:JCSE traded up $0.41 during trading hours on Friday, hitting $2.00. The company had a trading volume of 1,696,772 shares, compared to its average volume of 2,675,783. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.11 and a current ratio of 2.58. The stock has a 50-day moving average price of $1.34 and a 200 day moving average price of $1.21. JE Cleantech has a 52 week low of $0.86 and a 52 week high of $2.50.

JE Cleantech Dividend Announcement

The company also recently declared a dividend, which will be paid on Wednesday, January 28th. Investors of record on Wednesday, January 21st will be given a dividend of $0.44 per share. The ex-dividend date is Thursday, January 29th.

Analyst Ratings Changes

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