Dreamland Limited (NASDAQ:TDIC) Shares Shorted: Short Interest Up 391.3% in September

Dreamland Limited (NASDAQ:TDIC) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 55,106 shares, a growth of 391.3% from the September 15th total of 11,217 shares. Currently, 3.6% of the company’s shares are sold short. Based on an average daily volume of 4,010,779 shares, the short-interest ratio is currently 0.0 days.

Dreamland Stock Down 7.1%

Shares of TDIC opened at $1.69 on Friday. Dreamland has a 52 week low of $1.68 and a 52 week high of $763.75. The stock has a 50 day moving average price of $2.36 and a two-hundred day moving average price of $13.24. The company has a debt-to-equity ratio of 1.78, a current ratio of 1.23 and a quick ratio of 1.23.

Dreamland (NASDAQ:TDIC) last announced its earnings results on Monday, August 17th. The company reported ($8.04) earnings per share (EPS) for the quarter. The company had revenue of $0.67 million during the quarter.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on TDIC shares. Weiss Ratings lowered Dreamland from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday, August 24th. Wall Street Zen downgraded Dreamland from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 1st. One analyst has rated the stock with a Sell rating. According to MarketBeat, the company has a consensus rating of “Sell”.

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.