JIADE Limited (NASDAQ:JDZG) Short Interest Up 92.1% in May

by · The Markets Daily

JIADE Limited (NASDAQ:JDZG – Get Free Report) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 70,375 shares, a growth of 92.1% from the April 30th total of 36,642 shares. Approximately 5.0% of the shares of the company are sold short. Based on an average trading volume of 286,591 shares, the short-interest ratio is currently 0.2 days.

JIADE Trading Up 20.1%

JDZG opened at $57.65 on Tuesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.04 and a current ratio of 4.04. The stock’s 50 day simple moving average is $20.37 and its 200 day simple moving average is $179.14. JIADE has a 1-year low of $10.71 and a 1-year high of $1,160.00.

JIADE (NASDAQ:JDZG – Get Free Report) last released its quarterly earnings results on Friday, April 10th. The company reported ($2.00) earnings per share for the quarter. The company had revenue of $1.18 million during the quarter.

Analysts Set New Price Targets

Several brokerages recently issued reports on JDZG. Wall Street Zen cut JIADE from a “hold” rating to a “sell” rating in a research report on Saturday, May 2nd. Weiss Ratings cut JIADE from a “sell (d)” rating to a “sell (d-)” rating in a research report on Tuesday, May 19th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.

View Our Latest Report on JDZG

About JIADE

(Get Free Report)

JIADE LIMITED specializes in providing one-stop comprehensive education supporting services to adult education institutions, through a wide spectrum of software platform and auxiliary solutions. The Company’s services are primarily offered through the Kebiao Technology Educational Administration Platform. JIADE LIMITED is based in Chengdu, China.

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