JIADE Limited (NASDAQ:JDZG) Short Interest Up 67.6% in May

JIADE Limited (NASDAQ:JDZG) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 117,948 shares, a growth of 67.6% from the May 14th total of 70,375 shares. Based on an average daily trading volume, of 1,185,416 shares, the days-to-cover ratio is presently 0.1 days. Currently, 83.7% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Wall Street Zen raised JIADE from a “sell” rating to a “hold” rating in a report on Saturday, June 6th. Weiss Ratings raised JIADE from a “sell (d-)” rating to a “sell (d)” rating in a research report on Wednesday, June 3rd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

JIADE Stock Performance

Shares of NASDAQ JDZG remained flat at $50.00 during midday trading on Monday. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.04 and a quick ratio of 4.04. JIADE has a 1 year low of $10.71 and a 1 year high of $1,148.20. The business has a 50-day simple moving average of $26.07 and a two-hundred day simple moving average of $158.60.

JIADE (NASDAQ:JDZG) last released its quarterly earnings data on Friday, April 10th. The company reported ($2.00) earnings per share for the quarter. The company had revenue of $1.18 million for the quarter.

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.