Short Interest in JIADE Limited (NASDAQ:JDZG) Increases By 773.9%

JIADE Limited (NASDAQ:JDZG) was the recipient of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 605,322 shares, an increase of 773.9% from the January 29th total of 69,266 shares. Based on an average daily volume of 11,832,169 shares, the short-interest ratio is presently 0.1 days. Currently, 2.6% of the shares of the company are sold short. Currently, 2.6% of the shares of the company are sold short. Based on an average daily volume of 11,832,169 shares, the short-interest ratio is presently 0.1 days.

JIADE Price Performance

Shares of NASDAQ JDZG opened at $0.18 on Thursday. The company’s fifty day moving average price is $1.17 and its 200 day moving average price is $1.58. JIADE has a 1 year low of $0.16 and a 1 year high of $6.32.

JIADE (NASDAQ:JDZG) last issued its quarterly earnings data on Wednesday, December 17th. The company reported $0.00 earnings per share for the quarter. The firm had revenue of $0.65 million during the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of JIADE in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

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.