Short Interest in JIADE Limited (NASDAQ:JDZG) Drops By 97.1%

JIADE Limited (NASDAQ:JDZG) was the recipient of a significant decline in short interest during the month of March. As of March 31st, there was short interest totaling 52,013 shares, a decline of 97.1% from the March 15th total of 1,770,976 shares. Approximately 3.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 615,990 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Weiss Ratings reaffirmed a “sell (d)” rating on shares of JIADE in a research note on Thursday, January 22nd. Wall Street Zen raised shares of JIADE to a “hold” rating in a research note on Saturday, March 28th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

JIADE Stock Performance

NASDAQ JDZG traded up $0.02 on Friday, reaching $1.52. The company had a trading volume of 2,407,054 shares, compared to its average volume of 392,222. JIADE has a fifty-two week low of $1.46 and a fifty-two week high of $158.00. The business has a 50 day moving average of $12.80 and a two-hundred day moving average of $29.24.

JIADE (NASDAQ:JDZG) last posted its quarterly earnings data on Friday, April 10th. The company reported ($0.20) earnings per share for the quarter. The company had revenue of $1.18 million during the quarter.

JIADE Company Profile

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.