Dreamland Limited (NASDAQ:TDIC) Stock Short Interest Report for October

Dreamland Limited (NASDAQ:TDIC) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 367,372 shares, a growth of 566.7% from the September 30th total of 55,106 shares. Based on an average daily volume of 2,541,624 shares, the days-to-cover ratio is currently 0.1 days. Approximately 24.3% of the shares of the company are short sold.

Insider Activity

In other Dreamland news, CEO Wai Yue Seto bought 300,000 shares of the business’s stock in a transaction on Friday, October 9th. The shares were purchased at an average price of $2.00 per share, with a total value of $600,000.00. Following the completion of the acquisition, the chief executive officer directly owned 1,369,890 shares of the company’s stock, valued at approximately $2,739,780. The trade was a 28.04% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Analyst Ratings Changes

Several analysts have weighed in on the company. Wall Street Zen downgraded Dreamland from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 1st. Weiss Ratings downgraded Dreamland from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday, August 24th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, Dreamland has a consensus rating of “Sell”.

Dreamland Stock Up 6.7%

Shares of TDIC opened at $1.84 on Wednesday. The stock’s fifty day simple moving average is $2.15 and its 200-day simple moving average is $14.89. Dreamland has a 12-month low of $1.49 and a 12-month high of $750.00.

Dreamland (NASDAQ:TDIC) last announced its quarterly earnings results on Monday, August 17th. The company reported ($8.04) earnings per share (EPS) for the quarter. The business had revenue of $0.67 million during the quarter.

Dreamland Company Profile

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.