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JELD-WEN Holding, Inc. (NYSE:JELD) Sees Large Increase in Short Interest
JELD-WEN Holding, Inc. (NYSE:JELD) experienced a significant increase in short interest during April, with shares shorted rising by 27.1% to 9,586,410. This indicates elevated bearish sentiment towards the company, which currently trades near $1.44 with a negative P/E ratio and has missed recent quarterly EPS estimates. Despite some institutional buying, analysts maintain an average “Reduce” rating for the stock.