Jewett-Cameron Trading Company (NASDAQ:JCTC) Short Interest Update

Jewett-Cameron Trading Company (NASDAQ:JCTCGet Free Report) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 32,040 shares, a growth of 1,288.8% from the May 14th total of 2,307 shares. Based on an average daily trading volume, of 41,862 shares, the short-interest ratio is presently 0.8 days. Approximately 0.9% of the shares of the company are sold short.

Jewett-Cameron Trading Stock Down 3.8%

NASDAQ JCTC traded down $0.08 during trading hours on Tuesday, hitting $1.93. 17,585 shares of the stock were exchanged, compared to its average volume of 33,905. The company has a market cap of $6.78 million, a price-to-earnings ratio of -0.84 and a beta of 0.39. Jewett-Cameron Trading has a 12-month low of $1.54 and a 12-month high of $4.02. The stock has a 50-day moving average of $1.94 and a 200 day moving average of $2.01.

Jewett-Cameron Trading (NASDAQ:JCTCGet Free Report) last posted its quarterly earnings results on Monday, April 13th. The company reported ($0.35) earnings per share (EPS) for the quarter. Jewett-Cameron Trading had a negative return on equity of 33.33% and a negative net margin of 19.19%.The firm had revenue of $10.54 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised shares of Jewett-Cameron Trading from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, May 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of “Sell”.

Get Our Latest Analysis on Jewett-Cameron Trading

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Susquehanna International Group LLP acquired a new position in Jewett-Cameron Trading during the third quarter worth about $54,000. DRW Securities LLC acquired a new position in Jewett-Cameron Trading during the fourth quarter worth about $44,000. Finally, Citadel Advisors LLC acquired a new position in Jewett-Cameron Trading during the third quarter worth about $77,000. 26.05% of the stock is currently owned by institutional investors and hedge funds.

About Jewett-Cameron Trading

(Get Free Report)

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.

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