Jewett-Cameron Trading Company (NASDAQ:JCTC) Short Interest Update

Jewett-Cameron Trading Company (NASDAQ:JCTC) was the recipient of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 32,040 shares, a growth of 1,288.8% from the May 14th total of 2,307 shares. Based on an average trading volume of 41,862 shares, the short-interest ratio is currently 0.8 days. Approximately 0.9% of the shares of the company are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings raised Jewett-Cameron Trading from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, May 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Jewett-Cameron Trading

Institutional investors have recently added to or reduced their stakes in the business. Susquehanna International Group LLP bought a new stake in shares of Jewett-Cameron Trading during the 3rd quarter valued at about $54,000. DRW Securities LLC purchased a new stake in Jewett-Cameron Trading in the fourth quarter valued at approximately $44,000. Finally, Citadel Advisors LLC purchased a new stake in Jewett-Cameron Trading in the third quarter valued at approximately $77,000. 26.05% of the stock is currently owned by institutional investors.

Jewett-Cameron Trading Stock Down 3.6%

NASDAQ:JCTC traded down $0.07 during mid-day trading on Wednesday, hitting $1.90. 11,002 shares of the stock traded hands, compared to its average volume of 25,825. The business’s 50-day moving average price is $1.94 and its 200 day moving average price is $2.01. The company has a market cap of $6.68 million, a PE ratio of -0.82 and a beta of 0.39. Jewett-Cameron Trading has a 12-month low of $1.54 and a 12-month high of $4.02.

Jewett-Cameron Trading (NASDAQ:JCTC) last announced its quarterly earnings results on Monday, April 13th. The company reported ($0.35) EPS for the quarter. The firm had revenue of $10.54 million during the quarter. Jewett-Cameron Trading had a negative net margin of 19.19% and a negative return on equity of 33.33%.

Jewett-Cameron Trading Company Profile

Jewett-Cameron Trading Company Ltd. is a supplier of `Value-added` building materials to major home improvement center chains in the western United States. The Company concentrates on the residential repair and remodeling segment of the building materials industry.