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

JIADE Limited (NASDAQ:JDZG) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 688,109 shares, a growth of 570.5% from the September 30th total of 102,627 shares. Currently, 12.7% of the company’s stock are sold short. Based on an average daily trading volume, of 1,124,586 shares, the short-interest ratio is presently 0.6 days.

JIADE Stock Performance

Shares of JDZG stock traded down $0.09 on Tuesday, reaching $6.11. The stock had a trading volume of 250,893 shares, compared to its average volume of 334,902. JIADE has a 1 year low of $2.63 and a 1 year high of $1,014.97. The company has a 50 day simple moving average of $4.60 and a 200 day simple moving average of $69.83.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Weiss Ratings reaffirmed a “sell (d)” rating on shares of JIADE in a research report on Monday, August 31st. Wall Street Zen raised JIADE from a “sell” rating to a “hold” rating in a report on Sunday, October 4th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock presently has an average rating of “Sell”.

JIADE Company Profile

JIADE Limited (NASDAQ: JDZG) is an education services company focused on adult education in China. Through its operating subsidiaries, the company provides education and academic support services for adults pursuing higher education and professional development.

Its activities include tutoring, course instruction, and related student services designed to help learners prepare for examinations and complete adult education programs. The company’s services are delivered primarily through education programs and supporting online platforms.

JIADE Limited serves students in the People’s Republic of China.