JIADE Limited (NASDAQ:JDZG) Short Interest Down 62.1% in August

JIADE Limited (NASDAQ:JDZG) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 17,106 shares, a decrease of 62.1% from the August 15th total of 45,143 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 241,383 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Several brokerages have commented on JDZG. Weiss Ratings reaffirmed a “sell (d)” rating on shares of JIADE in a research report on Monday, August 31st. Wall Street Zen raised shares of JIADE from a “sell” rating to a “hold” rating in a research report on Saturday, June 6th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

JIADE Stock Performance

Shares of JDZG traded down $0.03 during mid-day trading on Friday, hitting $3.50. The stock had a trading volume of 921,048 shares, compared to its average volume of 273,180. JIADE has a 52 week low of $2.63 and a 52 week high of $1,014.97. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.04 and a current ratio of 4.04. The business has a fifty day moving average price of $21.26 and a 200-day moving average price of $27.21.

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.