DirectBooking Technology Co., Ltd. (NASDAQ:ZDAI) Short Interest Update

DirectBooking Technology Co., Ltd. (NASDAQ:ZDAI) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 193,700 shares, an increase of 550.4% from the June 15th total of 29,780 shares. Based on an average trading volume of 2,305,132 shares, the short-interest ratio is presently 0.1 days. Approximately 2.4% of the shares of the company are sold short.

DirectBooking Technology Price Performance

NASDAQ ZDAI traded down $0.07 on Friday, reaching $1.95. The stock had a trading volume of 36,867 shares, compared to its average volume of 1,239,920. DirectBooking Technology has a 12-month low of $1.30 and a 12-month high of $14.22. The business’s 50-day moving average price is $2.27 and its 200 day moving average price is $4.04.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised DirectBooking Technology from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

About DirectBooking Technology

We are a holding company incorporated in the Cayman Islands with operations conducted by our Hong Kong subsidiary, Primega Construction. As a holding company with no material operations of its own, we conduct our operations in Hong Kong through our operating subsidiary, Primega Construction. Primega Construction is a provider of transportation services that employs environmentally friendly practices with the aim of facilitating reuse of C&D materials and reduction of construction waste. Through Primega Construction, we operate in the Hong Kong construction industry, mainly handling transportation of materials excavated from construction sites.