Dreamland Limited (NASDAQ:TDIC) Short Interest Update
by Teresa Graham · The Cerbat GemDreamland Limited (NASDAQ:TDIC – Get Free Report) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 1,158,783 shares, a growth of 649.4% from the April 30th total of 154,618 shares. Based on an average daily trading volume, of 43,198,630 shares, the short-interest ratio is presently 0.0 days. Approximately 16.1% of the shares of the company are short sold.
Dreamland Stock Down 5.1%
NASDAQ TDIC traded down $0.02 during trading hours on Thursday, reaching $0.43. 3,496,564 shares of the company were exchanged, compared to its average volume of 6,941,858. Dreamland has a 1 year low of $0.38 and a 1 year high of $39.50. The business’s 50 day simple moving average is $1.27 and its 200-day simple moving average is $1.21. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.67 and a current ratio of 1.68.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings downgraded shares of Dreamland from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, May 19th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Dreamland currently has an average rating of “Sell”.
Read Our Latest Analysis on Dreamland
Dreamland Company Profile
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.