JE Cleantech Holdings Limited (NASDAQ:JCSE – Get Free Report) was the recipient of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totaling 55,101 shares, a decrease of 89.2% from the March 31st total of 509,069 shares. Based on an average daily volume of 252,866 shares, the short-interest ratio is presently 0.2 days. Approximately 2.9% of the company’s shares are short sold.
JE Cleantech Stock Up 7.5%
JE Cleantech stock traded up $0.08 during trading on Friday, reaching $1.14. 34,924 shares of the company’s stock were exchanged, compared to its average volume of 2,072,666. The company’s 50-day moving average is $1.12 and its two-hundred day moving average is $1.25. JE Cleantech has a 52-week low of $0.77 and a 52-week high of $2.50.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of JE Cleantech in a research report on Friday, March 27th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company 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.
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