What’s Jeld-wen Holding Inc (NYSE:JELD) Upside After This Short Interest Decrease?

The stock of Jeld-wen Holding Inc (NYSE:JELD) registered a decrease of 6.97% in short interest. JELD’s total short interest was 1.46 million shares in October as published by FINRA. Its down 6.97% from 1.57M shares, reported previously. With 333,200 shares average volume, it will take short sellers 4 days to cover their JELD’s short positions. The short interest to Jeld-wen Holding Inc’s float is 2.23%.

The stock decreased 13.25% or $2.46 during the last trading session, reaching $16.11. About 1.22 million shares traded or 241.11% up from the average. JELD-WEN Holding, Inc. (NYSE:JELD) has declined 20.01% since October 12, 2018 and is downtrending. It has underperformed by 20.01% the S&P500.

JELD-WEN Holding, Inc. manufactures doors and windows primarily in North America, Europe, and Australia. The company has market cap of $1.62 billion. The firm offers a line of residential interior and exterior door products, including patio doors and folding, or sliding wall systems; non-residential doors; and wood, vinyl, and aluminum windows. It has a 15.3 P/E ratio. It also provides other ancillary services and products, such as shower enclosures and wardrobes, moldings, trim boards, lumber, cutstocks, glass, staircases, hardware and locks, cabinets, and screens, as well as molded door skins, and miscellaneous installation and other services.

More notable recent JELD-WEN Holding, Inc. (NYSE:JELD) news were published by: Bizjournals.com which released: “Jeld-Wen’s IPO yields $575M – Portland Business Journal” on January 27, 2017, also Thestreet.com with their article: “Jeld-Wen, Maker of Doors and Windows, Goes Public at the NYSE – TheStreet.com” published on January 27, 2017, Seekingalpha.com published: “Jeld-Wen Holding (JELD) CEO Gary Michel on Q2 2019 Results – Earnings Call Transcript – Seeking Alpha” on August 12, 2019. More interesting news about JELD-WEN Holding, Inc. (NYSE:JELD) were released by: Businesswire.com and their article: “JELD-WEN Holding, Inc. Announces CEO Leadership Transition, Announces Two Acquisitions, and Updates 2018 Outlook for the Impact of Closed Acquisition – Business Wire” published on February 28, 2018 as well as Streetinsider.com‘s news article titled: “After-Hours Movers 10/10: (BURG) (VOXX) (ROKU) Higher; (XONE) (JELD) Lower (more…) – StreetInsider.com” with publication date: October 10, 2019.

JELD-WEN Holding, Inc. (NYSE:JELD) Ratings Chart

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