DirectBooking Technology Co., Ltd. (NASDAQ:ZDAI) Short Interest Down 54.1% in June

by · The Markets Daily

DirectBooking Technology Co., Ltd. (NASDAQ:ZDAI – Get Free Report) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totaling 29,780 shares, a decline of 54.1% from the May 31st total of 64,925 shares. Based on an average daily trading volume, of 29,674 shares, the short-interest ratio is currently 1.0 days. Approximately 0.4% of the company’s stock are sold short.

DirectBooking Technology Trading Down 7.6%

Shares of NASDAQ ZDAI traded down $0.16 during trading on Tuesday, reaching $1.95. The company had a trading volume of 94,774 shares, compared to its average volume of 274,111. DirectBooking Technology has a 12-month low of $1.30 and a 12-month high of $14.22. The business’s 50-day moving average is $2.40 and its 200 day moving average is $4.20.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered shares of DirectBooking Technology from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Tuesday, June 16th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, DirectBooking Technology has an average rating of “Sell”.

View Our Latest Stock Report on ZDAI

DirectBooking Technology Company Profile

(Get Free Report)

We are a holding company incorporated in the Cayman Islands with operations conducted by our Hong Kong subsidiary, Primega Construction. As a holding company with no material operations of its own, we conduct our operations in Hong Kong through our operating subsidiary, Primega Construction. Primega Construction is a provider of transportation services that employs environmentally friendly practices with the aim of facilitating reuse of C&D materials and reduction of construction waste. Through Primega Construction, we operate in the Hong Kong construction industry, mainly handling transportation of materials excavated from construction sites.

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