Short Interest in JE Cleantech Holdings Limited (NASDAQ:JCSE) Increases By 3,843.2%

JE Cleantech Holdings Limited (NASDAQ:JCSE) was the target of a large growth in short interest in the month of March. As of March 31st, there was short interest totaling 509,069 shares, a growth of 3,843.2% from the March 15th total of 12,910 shares. Currently, 26.6% of the shares of the stock are sold short. Based on an average trading volume of 3,162,468 shares, the short-interest ratio is currently 0.2 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of JE Cleantech in a report on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, JE Cleantech has a consensus rating of “Sell”.

JE Cleantech Stock Performance

Shares of NASDAQ:JCSE traded down $0.11 on Friday, hitting $1.17. The company’s stock had a trading volume of 63,366 shares, compared to its average volume of 1,471,335. The company has a 50-day simple moving average of $1.08 and a 200 day simple moving average of $1.26. JE Cleantech has a 1 year low of $0.77 and a 1 year high of $2.50.

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.