Short Interest in DirectBooking Technology Co., Ltd. (NASDAQ:ZDAI) Drops By 43.8%

DirectBooking Technology Co., Ltd. (NASDAQ:ZDAI) saw a large decline in short interest in December. As of December 15th, there was short interest totaling 227,426 shares, a decline of 43.8% from the November 30th total of 404,992 shares. Approximately 0.9% of the company’s stock are sold short. Based on an average daily volume of 100,589 shares, the short-interest ratio is presently 2.3 days. Based on an average daily volume of 100,589 shares, the short-interest ratio is presently 2.3 days. Approximately 0.9% of the company’s stock are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of DirectBooking Technology in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

DirectBooking Technology Stock Down 3.6%

DirectBooking Technology stock opened at $0.23 on Monday. DirectBooking Technology has a one year low of $0.22 and a one year high of $1.85. The business’s fifty day moving average is $0.38 and its 200 day moving average is $0.54. The company has a quick ratio of 2.65, a current ratio of 2.65 and a debt-to-equity ratio of 0.30.

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.