DirectBooking Technology Co., Ltd. (NASDAQ:ZDAI) Short Interest Up 550.4% in June

DirectBooking Technology Co., Ltd. (NASDAQ:ZDAI) was the recipient of a large growth in short interest in June. As of June 30th, there was short interest totaling 193,700 shares, a growth of 550.4% from the June 15th total of 29,780 shares. Currently, 2.4% of the company’s shares are sold short. Based on an average daily trading volume, of 2,305,132 shares, the short-interest ratio is presently 0.1 days.

DirectBooking Technology Stock Performance

DirectBooking Technology stock traded up $0.00 during midday trading on Monday, reaching $1.95. The stock had a trading volume of 9,929 shares, compared to its average volume of 260,256. The company has a fifty day moving average price of $2.27 and a two-hundred day moving average price of $4.04. DirectBooking Technology has a 12 month low of $1.30 and a 12 month high of $14.22.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded shares of DirectBooking Technology from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, July 7th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has a consensus rating of “Sell”.

DirectBooking Technology Company Profile

We are a holding company incorporated in the Cayman Islands with operations conducted by our Hong Kong subsidiary, Primega Construction. As a holding company with no material operations of its own, we conduct our operations in Hong Kong through our operating subsidiary, Primega Construction. Primega Construction is a provider of transportation services that employs environmentally friendly practices with the aim of facilitating reuse of C&D materials and reduction of construction waste. Through Primega Construction, we operate in the Hong Kong construction industry, mainly handling transportation of materials excavated from construction sites.