Dreamland Limited (NASDAQ:TDIC) Sees Large Increase in Short Interest

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

Dreamland Stock Performance

Shares of TDIC traded up $0.03 during midday trading on Monday, reaching $1.72. 23,481 shares of the stock were exchanged, compared to its average volume of 789,749. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 1.78. Dreamland has a 12-month low of $1.66 and a 12-month high of $750.00. The firm has a 50 day simple moving average of $2.36 and a 200-day simple moving average of $13.19.

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

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Weiss Ratings cut Dreamland from a “sell (d-)” rating to a “sell (e+)” rating in a research report 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 data from MarketBeat, the stock currently has an average 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.