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

Jewett-Cameron Trading Company (NASDAQ:JCTC – Get Free Report) was the recipient of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 8,602 shares, a drop of 73.2% from the May 31st total of 32,040 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 27,500 shares, the days-to-cover ratio is presently 0.3 days.

Jewett-Cameron Trading Price Performance

NASDAQ:JCTC traded up $0.04 during mid-day trading on Friday, hitting $2.23. 26,334 shares of the company’s stock were exchanged, compared to its average volume of 28,435. The company has a market cap of $7.87 million, a PE ratio of -0.97 and a beta of 0.39. Jewett-Cameron Trading has a one year low of $1.54 and a one year high of $4.02. The business has a fifty day moving average price of $2.04 and a 200 day moving average price of $1.99.

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

Institutional Trading of Jewett-Cameron Trading

Institutional investors have recently added to or reduced their stakes in the business. DRW Securities LLC bought a new position in shares of Jewett-Cameron Trading during the 4th quarter valued at $44,000. Susquehanna International Group LLP bought a new position in shares of Jewett-Cameron Trading in the 3rd quarter worth approximately $54,000. Finally, Citadel Advisors LLC bought a new position in shares of Jewett-Cameron Trading in the 3rd quarter worth approximately $77,000. 26.05% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings cut shares of Jewett-Cameron Trading from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday, June 15th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

View Our Latest Stock Analysis on Jewett-Cameron Trading

Jewett-Cameron Trading Company Profile

(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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