JIADE Limited (NASDAQ:JDZG) Sees Large Decrease in Short Interest

by · The Markets Daily

JIADE Limited (NASDAQ:JDZG – Get Free Report) saw a significant decline in short interest in August. As of August 14th, there was short interest totaling 45,143 shares, a decline of 66.4% from the July 30th total of 134,256 shares. Currently, 0.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 601,263 shares, the short-interest ratio is currently 0.1 days.

Analysts Set New Price Targets

JDZG has been the subject of several research analyst reports. Weiss Ratings upgraded JIADE from a “sell (d-)” rating to a “sell (d)” rating in a report on Wednesday, June 3rd. Wall Street Zen upgraded JIADE from a “sell” rating to a “hold” rating in a research report on Saturday, June 6th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Check Out Our Latest Report on JDZG

JIADE Stock Performance

Shares of NASDAQ:JDZG traded down $0.07 on Friday, reaching $3.50. The company’s stock had a trading volume of 33,574 shares, compared to its average volume of 148,278. JIADE has a 52-week low of $2.63 and a 52-week high of $1,014.97. The company has a 50-day simple moving average of $31.54 and a 200 day simple moving average of $52.25. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.04 and a current ratio of 4.04.

JIADE Company Profile

(Get Free Report)

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.

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