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

JIADE Limited (NASDAQ:JDZG) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 336,600 shares, a growth of 608.6% from the September 30th total of 47,500 shares. Based on an average daily volume of 826,300 shares, the days-to-cover ratio is currently 0.4 days. Currently, 56.3% of the company’s stock are sold short. Currently, 56.3% of the company’s stock are sold short. Based on an average daily volume of 826,300 shares, the days-to-cover ratio is currently 0.4 days.

JIADE Price Performance

JIADE stock opened at $2.01 on Thursday. The business’s fifty day simple moving average is $1.95 and its two-hundred day simple moving average is $2.81. JIADE has a 12 month low of $1.58 and a 12 month high of $14.00.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of JIADE in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, JIADE currently has an average rating of “Sell”.

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.