JE Cleantech Holdings Limited (NASDAQ:JCSE) Sees Significant Increase in Short Interest

JE Cleantech Holdings Limited (NASDAQ:JCSE) was the target of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 21,400 shares, a growth of 28.9% from the January 15th total of 16,600 shares. Currently, 1.2% of the company’s shares are sold short. Based on an average daily volume of 342,900 shares, the days-to-cover ratio is currently 0.1 days.

JE Cleantech Trading Up 0.7 %

JCSE traded up $0.01 on Friday, reaching $1.49. 4,041 shares of the company’s stock were exchanged, compared to its average volume of 15,119. The company has a quick ratio of 1.02, a current ratio of 2.06 and a debt-to-equity ratio of 0.27. JE Cleantech has a twelve month low of $0.63 and a twelve month high of $2.39. The company’s 50 day moving average is $1.49 and its 200-day moving average is $1.34.

JE Cleantech Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 10th were issued a dividend of $0.09 per share. The ex-dividend date was Tuesday, December 10th. This represents a $0.36 annualized dividend and a dividend yield of 24.16%.

JE Cleantech Company Profile

JE Cleantech Holdings Limited, an investment holding company, designs, develops, manufactures, and sells cleaning systems for various industrial end-use applications in Singapore, Malaysia, and internationally. It provides various cleaning systems and other equipment, including aqueous washing systems, plating and cleaning systems, train cleaning systems, and filtration units, as well as equipment parts and components.