707 Cayman Holdings Limited (NASDAQ:JEM) Short Interest Update

707 Cayman Holdings Limited (NASDAQ:JEMGet Free Report) saw a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 314,064 shares, a growth of 134.1% from the January 29th total of 134,139 shares. Currently, 1.2% of the shares of the company are sold short. Based on an average trading volume of 3,717,628 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 3,717,628 shares, the short-interest ratio is currently 0.1 days. Currently, 1.2% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e)” rating on shares of 707 Cayman in a report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, 707 Cayman has an average rating of “Sell”.

Check Out Our Latest Report on JEM

707 Cayman Price Performance

Shares of JEM stock opened at $0.09 on Friday. 707 Cayman has a 52-week low of $0.09 and a 52-week high of $7.90. The business has a 50-day simple moving average of $0.17 and a 200-day simple moving average of $0.64.

Institutional Investors Weigh In On 707 Cayman

An institutional investor recently bought a new position in 707 Cayman stock. Geode Capital Management LLC bought a new stake in 707 Cayman Holdings Limited (NASDAQ:JEMFree Report) in the 2nd quarter, according to its most recent filing with the SEC. The fund bought 13,807 shares of the company’s stock, valued at approximately $72,000. Geode Capital Management LLC owned 0.06% of 707 Cayman at the end of the most recent reporting period.

About 707 Cayman

(Get Free Report)

We are a Hong Kong-based company that sells quality apparel products and provides supply chain management total solutions to our customers spanning from Western Europe, North America to the Middle East. We were founded in 2021 and became wholly-owned by Mr. Cheung, executive director and chief executive officer, in May 2022 and have grown, in a short period of time, building relationships with a diverse range of customers. Our customers include mid-size brand owners and apparel companies that have comprehensive operations with private labels that are sold worldwide.

Further Reading

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