Short Interest in JIADE Limited (NASDAQ:JDZG) Increases By 67.6%

JIADE Limited (NASDAQ:JDZG) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 117,948 shares, an increase of 67.6% from the May 14th total of 70,375 shares. Currently, 83.7% of the company’s stock are short sold. Based on an average daily volume of 1,185,416 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on JDZG. Weiss Ratings raised JIADE from a “sell (d-)” rating to a “sell (d)” rating in a research report on Wednesday, June 3rd. Wall Street Zen raised JIADE from a “sell” rating to a “hold” rating in a research report on Saturday, June 6th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

JIADE Stock Performance

NASDAQ JDZG remained flat at $50.00 during trading hours on Wednesday. JIADE has a 52-week low of $10.71 and a 52-week high of $1,148.20. The business’s 50 day moving average is $27.40 and its two-hundred day moving average is $154.27. The company has a quick ratio of 4.04, a current ratio of 4.04 and a debt-to-equity ratio of 0.01.

JIADE (NASDAQ:JDZG) last released its quarterly earnings data on Friday, April 10th. The company reported ($2.00) EPS for the quarter. The company had revenue of $1.18 million during the quarter.

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. JIADE LIMITED is based in Chengdu, China.