JIADE Limited (NASDAQ:JDZG) Short Interest Down 77.9% in April

JIADE Limited (NASDAQ:JDZG) was the recipient of a large drop in short interest in April. As of April 30th, there was short interest totaling 36,642 shares, a drop of 77.9% from the April 15th total of 165,645 shares. Based on an average daily volume of 101,252 shares, the short-interest ratio is currently 0.4 days. Approximately 2.6% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

JDZG has been the subject of a number of recent analyst reports. Wall Street Zen cut JIADE from a “hold” rating to a “sell” rating in a report on Saturday, May 2nd. Weiss Ratings raised JIADE from a “sell (d-)” rating to a “sell (d)” rating in a report on Friday, May 1st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, JIADE has a consensus rating of “Sell”.

JIADE Stock Performance

Shares of NASDAQ JDZG traded down $0.45 during midday trading on Wednesday, hitting $1.69. The stock had a trading volume of 404,234 shares, compared to its average volume of 182,064. The company’s 50-day simple moving average is $1.86 and its 200 day simple moving average is $22.03. JIADE has a fifty-two week low of $1.07 and a fifty-two week high of $128.00. The company has a quick ratio of 4.04, a current ratio of 4.04 and a debt-to-equity ratio of 0.01.

JIADE (NASDAQ:JDZG) last released its earnings results on Friday, April 10th. The company reported ($0.20) EPS for the quarter. The firm 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.