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

JIADE Limited (NASDAQ:JDZG) was the target of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 45,143 shares, a drop of 66.4% from the July 30th total of 134,256 shares. Approximately 0.8% of the company’s shares are short sold. Based on an average daily volume of 601,263 shares, the short-interest ratio is currently 0.1 days.

JIADE Stock Down 2.0%

JIADE stock traded down $0.07 during midday trading on Friday, reaching $3.50. The stock had a trading volume of 33,574 shares, compared to its average volume of 148,278. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.04 and a current ratio of 4.04. JIADE has a 52-week low of $2.63 and a 52-week high of $1,014.97. The company has a fifty day moving average of $31.54 and a 200 day moving average of $52.25.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Wall Street Zen upgraded JIADE from a “sell” rating to a “hold” rating in a report on Saturday, June 6th. Weiss Ratings raised shares of JIADE from a “sell (d-)” rating to a “sell (d)” rating in a research note on Wednesday, June 3rd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock 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. JIADE LIMITED is based in Chengdu, China.