JIADE Limited (NASDAQ:JDZG) Sees Large Increase in Short Interest

JIADE Limited (NASDAQ:JDZG) was the target of a large growth in short interest in 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. Currently, 5.0% of the shares of the stock are short sold. Based on an average trading volume of 286,591 shares, the days-to-cover ratio is currently 0.2 days.

JIADE Price Performance

Shares of JDZG opened at $67.00 on Thursday. The stock has a fifty day moving average of $22.11 and a two-hundred day moving average of $173.80. The company has a current ratio of 4.04, a quick ratio of 4.04 and a debt-to-equity ratio of 0.01. JIADE has a fifty-two week low of $10.71 and a fifty-two week high of $1,160.00.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on JDZG shares. Weiss Ratings lowered JIADE from a “sell (d)” rating to a “sell (d-)” rating in a research note on Tuesday, May 19th. Wall Street Zen lowered JIADE from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

JIADE Company Profile

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.