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

JIADE Limited (NASDAQ:JDZG) saw a large increase in short interest in January. As of January 15th, there was short interest totaling 125,984 shares, an increase of 1,365.1% from the December 31st total of 8,599 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 776,338 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 776,338 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.5% of the company’s stock are sold short.

JIADE Trading Down 2.6%

Shares of JDZG traded down $0.04 during mid-day trading on Tuesday, reaching $1.48. The company’s stock had a trading volume of 40,469 shares, compared to its average volume of 412,243. JIADE has a 12-month low of $0.73 and a 12-month high of $7.92. The company’s 50 day moving average is $1.21 and its 200 day moving average is $1.77.

JIADE (NASDAQ:JDZG) last announced its quarterly earnings results on Wednesday, December 17th. The company reported $0.00 EPS for the quarter. The company had revenue of $0.65 million during the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of JIADE in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, JIADE has a consensus 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. JIADE LIMITED is based in Chengdu, China.