Dreamland Limited (NASDAQ:TDIC) Short Interest Update

Dreamland Limited (NASDAQ:TDIC) was the recipient of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 110,119 shares, a drop of 90.5% from the May 14th total of 1,158,783 shares. Approximately 1.5% of the shares of the company are short sold. Based on an average daily volume of 14,203,037 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of Dreamland from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, June 3rd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Dreamland has a consensus rating of “Sell”.

Dreamland Price Performance

Shares of TDIC stock traded down $0.11 during trading hours on Tuesday, reaching $0.39. The stock had a trading volume of 50,569,871 shares, compared to its average volume of 61,082,728. The stock’s fifty day simple moving average is $1.21 and its 200 day simple moving average is $1.10. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.68 and a quick ratio of 1.67. Dreamland has a 12 month low of $0.20 and a 12 month high of $39.50.

Dreamland’s stock is set to reverse split before the market opens on Monday, June 15th. The 1-25 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, June 14th.

About Dreamland

We are an event management service provider based in Hong Kong with over eight years of experience in managing the entire or part of the event lifecycle for our customers. Events encompass a range of public and private events, from trade shows, conferences, concerts, exhibitions, charity galas, brand promotion events to internal corporate events. For enterprises, events offer a highly effective way to maximize their engagement with customers, helping enterprises to generate and qualify leads, deepen relationships with customers and build brand loyalty and advocacy, such as promotion of a brand by satisfied customers through customers sharing positive experiences on social media, providing referrals to friends and family, or simply telling others about the brand.