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Jewett-Cameron Trading Company Ltd. (NASDAQ:JCTCF) Sees Large Decrease in Short Interest

Defense World ·  Aug 17, 2022 01:41

Jewett-Cameron Trading Company Ltd. (NASDAQ:JCTCF – Get Rating) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totalling 900 shares, a decrease of 10.0% from the July 15th total of 1,000 shares. Approximately 0.0% of the company's stock are short sold. Based on an average trading volume of 2,600 shares, the short-interest ratio is currently 0.3 days.

Insider Activity at Jewett-Cameron Trading

In related news, insider Michael Charles Nasser sold 16,720 shares of Jewett-Cameron Trading stock in a transaction dated Thursday, August 4th. The stock was sold at an average price of $6.50, for a total value of $108,680.00. Following the completion of the transaction, the insider now directly owns 168 shares in the company, valued at $1,092. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.10% of the stock is currently owned by corporate insiders.

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Institutional Investors Weigh In On Jewett-Cameron Trading

An institutional investor recently bought a new position in Jewett-Cameron Trading stock. Guardian Wealth Management Inc. bought a new stake in Jewett-Cameron Trading Company Ltd. (NASDAQ:JCTCF – Get Rating) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 13,920 shares of the company's stock, valued at approximately $117,000. Guardian Wealth Management Inc. owned approximately 0.40% of Jewett-Cameron Trading as of its most recent SEC filing. 29.52% of the stock is currently owned by institutional investors and hedge funds.

Jewett-Cameron Trading Price Performance

Shares of JCTCF stock opened at $6.50 on Wednesday. The company has a market cap of $22.69 million, a P/E ratio of 11.21 and a beta of 0.29. The business has a 50 day moving average of $6.53 and a two-hundred day moving average of $6.95. Jewett-Cameron Trading has a 52 week low of $5.50 and a 52 week high of $13.74.

Jewett-Cameron Trading (NASDAQ:JCTCF – Get Rating) last released its quarterly earnings data on Thursday, July 14th. The company reported $0.43 earnings per share (EPS) for the quarter. Jewett-Cameron Trading had a return on equity of 8.60% and a net margin of 3.16%. The business had revenue of $20.92 million during the quarter.

Jewett-Cameron Trading Company Profile

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Jewett-Cameron Trading Company Ltd., through its subsidiaries, engages in the manufacturing and distribution of specialty metal products and wholesale distribution of wood products to home centers and other retailers. The company operates through three segments: Industrial Wood Products; Pet, Fencing and Other; and Seed Processing and Sales.

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