Dreamland Limited (NASDAQ:TDIC) Stock Short Interest Climbs 391.3%

by · The Markets Daily

Dreamland Limited (NASDAQ:TDIC – Get Free Report) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totaling 55,106 shares, a growth of 391.3% from the September 15th total of 11,217 shares. Approximately 3.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 4,010,779 shares, the days-to-cover ratio is presently 0.0 days.

Dreamland Trading Down 7.1%

Dreamland stock opened at $1.69 on Friday. The business has a 50 day moving average of $2.36 and a 200-day moving average of $13.24. Dreamland has a 1 year low of $1.68 and a 1 year high of $763.75. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 1.78.

Dreamland (NASDAQ:TDIC – Get Free Report) last posted its earnings results on Monday, August 17th. The company reported ($8.04) earnings per share for the quarter. The business had revenue of $0.67 million for the quarter.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Wall Street Zen downgraded Dreamland from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 1st. Weiss Ratings downgraded Dreamland from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday, August 24th. One investment analyst has rated the stock with a Sell rating. According to MarketBeat, Dreamland presently has an average rating of “Sell”.

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Dreamland Company Profile

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We are an event management service provider based in Hong Kong with over eight years of experience in managing the entire or part of the event lifecycle for our customers. Events encompass a range of public and private events, from trade shows, conferences, concerts, exhibitions, charity galas, brand promotion events to internal corporate events. For enterprises, events offer a highly effective way to maximize their engagement with customers, helping enterprises to generate and qualify leads, deepen relationships with customers and build brand loyalty and advocacy, such as promotion of a brand by satisfied customers through customers sharing positive experiences on social media, providing referrals to friends and family, or simply telling others about the brand.

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