DirectBooking Technology Co., Ltd. (NASDAQ:ZDAI) Short Interest Update

DirectBooking Technology Co., Ltd. (NASDAQ:ZDAI) was the recipient of a large growth in short interest during the month of 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. Approximately 2.4% of the company’s shares are sold short. Based on an average daily volume of 2,305,132 shares, the days-to-cover ratio is currently 0.1 days.

DirectBooking Technology Price Performance

DirectBooking Technology stock traded up $0.01 during mid-day trading on Monday, reaching $1.96. 8,172 shares of the company’s stock were exchanged, compared to its average volume of 260,250. DirectBooking Technology has a twelve month low of $1.30 and a twelve month high of $14.22. The company has a fifty day moving average of $2.27 and a 200-day moving average of $4.04.

Analysts Set New Price Targets

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