Dreamland Limited (NASDAQ:TDIC) Sees Significant Increase in Short Interest

Dreamland Limited (NASDAQ:TDIC) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,158,783 shares, an increase of 649.4% from the April 30th total of 154,618 shares. Currently, 16.1% of the shares of the company are short sold. Based on an average daily volume of 43,198,630 shares, the days-to-cover ratio is presently 0.0 days.

Dreamland Stock Performance

Dreamland stock opened at $0.39 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.68 and a quick ratio of 1.67. The company’s 50-day moving average price is $1.26 and its two-hundred day moving average price is $1.19. Dreamland has a 52 week low of $0.36 and a 52 week high of $39.50.

Analysts Set New Price Targets

Separately, Weiss Ratings downgraded shares of Dreamland from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, May 19th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

About Dreamland

We are an event management service provider based in Hong Kong with over eight years of experience in managing the entire or part of the event lifecycle for our customers. Events encompass a range of public and private events, from trade shows, conferences, concerts, exhibitions, charity galas, brand promotion events to internal corporate events. For enterprises, events offer a highly effective way to maximize their engagement with customers, helping enterprises to generate and qualify leads, deepen relationships with customers and build brand loyalty and advocacy, such as promotion of a brand by satisfied customers through customers sharing positive experiences on social media, providing referrals to friends and family, or simply telling others about the brand.