Short Interest in JIADE Limited (NASDAQ:JDZG) Rises By 218.5%

JIADE Limited (NASDAQ:JDZG) was the recipient of a significant growth in short interest in the month of April. As of April 15th, there was short interest totaling 165,645 shares, a growth of 218.5% from the March 31st total of 52,013 shares. Based on an average daily volume of 2,785,618 shares, the days-to-cover ratio is presently 0.1 days. Approximately 11.7% of the shares of the company are short sold.

Wall Street Analyst Weigh In

JDZG has been the subject of a number of research reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of JIADE in a report on Thursday, January 22nd. Wall Street Zen raised JIADE to a “hold” rating in a report on Saturday, March 28th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

JIADE Trading Up 1.7%

Shares of JIADE stock traded up $0.02 on Friday, reaching $1.20. 38,625 shares of the stock were exchanged, compared to its average volume of 1,500,175. The company has a current ratio of 4.04, a quick ratio of 4.04 and a debt-to-equity ratio of 0.01. JIADE has a twelve month low of $1.07 and a twelve month high of $158.00. The business has a 50 day moving average price of $4.62 and a two-hundred day moving average price of $26.10.

JIADE (NASDAQ:JDZG) last released its earnings results on Friday, April 10th. The company reported ($0.20) EPS for the quarter. The company had revenue of $1.18 million during the quarter.

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.