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

JIADE Limited (NASDAQ:JDZG) was the target of a large growth in short interest in March. As of March 13th, there was short interest totaling 1,770,976 shares, a growth of 233.8% from the February 26th total of 530,574 shares. Based on an average daily volume of 6,508,366 shares, the days-to-cover ratio is currently 0.3 days. Currently, 189.4% of the shares of the stock are short sold. Currently, 189.4% of the shares of the stock are short sold. Based on an average daily volume of 6,508,366 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d)” rating on shares of JIADE in a report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, JIADE has a consensus rating of “Sell”.

JIADE Price Performance

Shares of JDZG traded down $0.05 during mid-day trading on Wednesday, reaching $1.68. The company’s stock had a trading volume of 124,177 shares, compared to its average volume of 386,371. The business has a fifty day moving average of $21.83 and a 200 day moving average of $33.50. JIADE has a 1 year low of $1.60 and a 1 year high of $158.00.

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.