JFB Construction Holding (NASDAQ:JFB) Short Interest Update

JFB Construction Holding (NASDAQ:JFB) saw a large increase in short interest in March. As of March 13th, there was short interest totaling 165,502 shares, an increase of 28.1% from the February 26th total of 129,191 shares. Approximately 2.4% of the shares of the stock are short sold. Based on an average trading volume of 162,444 shares, the days-to-cover ratio is presently 1.0 days.

JFB Construction Trading Down 5.7%

Shares of NASDAQ:JFB traded down $0.37 during trading on Tuesday, reaching $6.12. The stock had a trading volume of 222,859 shares, compared to its average volume of 255,153. JFB Construction has a 1-year low of $1.80 and a 1-year high of $17.55. The company has a market cap of $85.85 million and a PE ratio of -32.21. The stock has a fifty day moving average of $6.20.

Analysts Set New Price Targets

JFB has been the topic of several recent analyst reports. Wall Street Zen raised shares of JFB Construction from a “sell” rating to a “hold” rating in a report on Saturday, January 10th. Weiss Ratings restated a “sell (d-)” rating on shares of JFB Construction in a research report on Friday. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Institutional Investors Weigh In On JFB Construction

Several institutional investors and hedge funds have recently added to or reduced their stakes in JFB. Marshall Wace LLP purchased a new stake in shares of JFB Construction during the fourth quarter worth $604,000. 683 Capital Management LLC acquired a new position in JFB Construction during the fourth quarter worth about $389,000. Yorkville Advisors Global LP purchased a new stake in JFB Construction during the 3rd quarter valued at about $258,000. Nomura Holdings Inc. purchased a new stake in JFB Construction during the 3rd quarter valued at about $258,000. Finally, Geode Capital Management LLC raised its holdings in JFB Construction by 21.1% in the 4th quarter. Geode Capital Management LLC now owns 12,434 shares of the company’s stock valued at $182,000 after acquiring an additional 2,168 shares during the last quarter.

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.