JFB Construction Holding (NASDAQ:JFB) Short Interest Up 34.2% in December

JFB Construction Holding (NASDAQ:JFB) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totaling 63,769 shares, a growth of 34.2% from the December 15th total of 47,533 shares. Currently, 0.7% of the shares of the stock are sold short. Based on an average daily volume of 110,384 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily volume of 110,384 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.7% of the shares of the stock are sold short.

Insider Activity at JFB Construction

In related news, CFO Ruben Calderon purchased 1,550 shares of the business’s stock in a transaction on Wednesday, December 10th. The stock was acquired at an average price of $18.72 per share, with a total value of $29,016.00. Following the purchase, the chief financial officer directly owned 26,550 shares in the company, valued at approximately $497,016. This represents a 6.20% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Joseph Frank Basile III acquired 5,900 shares of the stock in a transaction dated Monday, December 8th. The shares were bought at an average price of $16.79 per share, for a total transaction of $99,061.00. Following the transaction, the chief executive officer owned 430,900 shares in the company, valued at approximately $7,234,811. This represents a 1.39% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure.

Institutional Trading of JFB Construction

An institutional investor recently bought a new position in JFB Construction stock. Nomura Holdings Inc. purchased a new stake in shares of JFB Construction Holding (NASDAQ:JFB) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 20,000 shares of the company’s stock, valued at approximately $258,000. Nomura Holdings Inc. owned 0.21% of JFB Construction at the end of the most recent reporting period.

JFB Construction Stock Up 15.1%

JFB traded up $3.10 on Friday, hitting $23.65. 86,364 shares of the company were exchanged, compared to its average volume of 74,826. The company has a market capitalization of $224.68 million and a PE ratio of -63.92. JFB Construction has a 12 month low of $3.39 and a 12 month high of $24.17. The stock’s fifty day moving average price is $16.59.

JFB Construction (NASDAQ:JFB) last issued its earnings results on Friday, November 14th. The company reported ($0.11) earnings per share (EPS) for the quarter. JFB Construction had a negative return on equity of 31.22% and a negative net margin of 14.07%.The firm had revenue of $4.98 million during the quarter.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on JFB. Wall Street Zen upgraded JFB Construction from a “sell” rating to a “hold” rating in a research report on Saturday, January 10th. Weiss Ratings reiterated a “sell (d-)” rating on shares of JFB Construction in a research report on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

JFB Construction Company Profile

JFB is a commercial and residential real estate construction and development company. The Company’s management is dedicated to delivering high-quality services to commercial and residential markets, such as retail corporate buildouts, multifamily community developments and luxury residential homes, with a focus on fostering long-term relationships with clients, partners, and communities. Our comprehensive suite of services encompasses everything from initial project planning and design to the final stages of construction and project management.