Short Interest in DirectBooking Technology Co., Ltd. (NASDAQ:ZDAI) Grows By 64.8%

DirectBooking Technology Co., Ltd. (NASDAQ:ZDAI) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 64,925 shares, a growth of 64.8% from the May 14th total of 39,398 shares. Based on an average trading volume of 376,517 shares, the short-interest ratio is presently 0.2 days. Approximately 0.8% of the company’s shares are short sold.

DirectBooking Technology Trading Up 4.5%

NASDAQ ZDAI opened at $2.77 on Tuesday. DirectBooking Technology has a 12 month low of $1.30 and a 12 month high of $16.32. The company’s fifty day moving average price is $2.66 and its two-hundred day moving average price is $4.44.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised shares of DirectBooking Technology from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, June 1st. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

DirectBooking Technology Company Profile

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.