Short Interest in JE Cleantech Holdings Limited (NASDAQ:JCSE) Drops By 38.1%

JE Cleantech Holdings Limited (NASDAQ:JCSE) was the target of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 8,284 shares, a decrease of 38.1% from the July 30th total of 13,377 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 6,567 shares, the short-interest ratio is presently 1.3 days.

JE Cleantech Stock Performance

NASDAQ:JCSE opened at $1.33 on Monday. The firm’s 50-day moving average is $1.40 and its 200-day moving average is $1.26. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.81 and a current ratio of 2.72. JE Cleantech has a 52-week low of $0.77 and a 52-week high of $2.50.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised JE Cleantech from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, July 20th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

JE Cleantech Company Profile

JE Cleantech Holdings Ltd. is an Israel-based environmental technology firm specializing in advanced water and wastewater treatment solutions. The company designs, manufactures and markets a suite of modular treatment systems that integrate proprietary membrane filtration, advanced oxidation processes, biological treatment and customized chemical formulations. Its offerings address water purification, recycling and process water challenges across municipal, industrial and agricultural end markets.

Through a combination of standardized equipment platforms and bespoke engineering services, JE Cleantech helps clients meet stringent regulatory requirements, reduce freshwater intake and lower overall treatment costs.