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

JIADE Limited (NASDAQ:JDZG) was the target of a large growth in short interest in March. As of March 13th, there was short interest totaling 1,770,976 shares, a growth of 233.8% from the February 26th total of 530,574 shares. Based on an average trading volume of 6,508,366 shares, the short-interest ratio is presently 0.3 days. Approximately 189.4% of the shares of the company are short sold. Approximately 189.4% of the shares of the company are short sold. Based on an average trading volume of 6,508,366 shares, the short-interest ratio is presently 0.3 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of JIADE in a research report on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, JIADE has a consensus rating of “Sell”.

JIADE Stock Down 2.6%

JDZG stock traded down $0.05 during mid-day trading on Wednesday, reaching $1.68. 124,177 shares of the stock traded hands, compared to its average volume of 386,371. The business has a 50-day moving average of $21.83 and a two-hundred day moving average of $33.50. JIADE has a 52 week low of $1.60 and a 52 week high of $158.00.

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.