DirectBooking Technology Co., Ltd. (NASDAQ:ZDAI) Short Interest Down 54.1% in June

DirectBooking Technology Co., Ltd. (NASDAQ:ZDAI) saw a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 29,780 shares, a decrease of 54.1% from the May 31st total of 64,925 shares. Based on an average daily volume of 29,674 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.4% of the company’s stock are sold short.

DirectBooking Technology Stock Performance

NASDAQ ZDAI opened at $2.25 on Monday. DirectBooking Technology has a 52 week low of $1.30 and a 52 week high of $14.22. The firm has a 50 day moving average of $2.44 and a two-hundred day moving average of $4.23.

Analyst Ratings Changes

Separately, Weiss Ratings lowered DirectBooking Technology from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, June 16th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

DirectBooking Technology Company Profile

We are a holding company incorporated in the Cayman Islands with operations conducted by our Hong Kong subsidiary, Primega Construction. As a holding company with no material operations of its own, we conduct our operations in Hong Kong through our operating subsidiary, Primega Construction. Primega Construction is a provider of transportation services that employs environmentally friendly practices with the aim of facilitating reuse of C&D materials and reduction of construction waste. Through Primega Construction, we operate in the Hong Kong construction industry, mainly handling transportation of materials excavated from construction sites.