JIADE Limited (NASDAQ:JDZG) Short Interest Down 68.6% in February

JIADE Limited (NASDAQ:JDZG) was the recipient of a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 54,400 shares, a decline of 68.6% from the January 31st total of 173,200 shares. Currently, 1.3% of the shares of the company are short sold. Based on an average trading volume of 780,600 shares, the days-to-cover ratio is currently 0.1 days.

JIADE Stock Performance

Shares of JIADE stock opened at $0.72 on Friday. JIADE has a twelve month low of $0.45 and a twelve month high of $15.08. The company’s 50 day moving average is $0.73 and its 200 day moving average is $0.74.

Hedge Funds Weigh In On JIADE

A hedge fund recently raised its stake in JIADE stock. Two Sigma Investments LP boosted its position in shares of JIADE Limited (NASDAQ:JDZG) by 120.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 39,544 shares of the company’s stock after acquiring an additional 21,596 shares during the quarter. Two Sigma Investments LP owned 0.16% of JIADE worth $33,000 at the end of the most recent reporting period.

About JIADE

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.