DirectBooking Technology Co., Ltd. (NASDAQ:ZDAI) Sees Large Increase in Short Interest

DirectBooking Technology Co., Ltd. (NASDAQ:ZDAI) saw a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 47,526 shares, an increase of 516.4% from the April 15th total of 7,710 shares. Based on an average daily volume of 294,679 shares, the short-interest ratio is presently 0.2 days. Currently, 0.6% of the company’s shares are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of DirectBooking Technology from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, April 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has a consensus rating of “Sell”.

DirectBooking Technology Price Performance

Shares of DirectBooking Technology stock opened at $1.98 on Tuesday. DirectBooking Technology has a 12-month low of $1.74 and a 12-month high of $17.60. The company’s fifty day simple moving average is $3.46 and its two-hundred day simple moving average is $5.27.

About DirectBooking Technology

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.