Short Interest in Dreamland Limited (NASDAQ:TDIC) Declines By 71.2%

Dreamland Limited (NASDAQ:TDIC) was the target of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 9,267 shares, a decline of 71.2% from the June 15th total of 32,209 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average trading volume of 2,083,875 shares, the short-interest ratio is currently 0.0 days.

Dreamland Stock Performance

Dreamland stock traded down $0.19 during midday trading on Friday, reaching $3.68. 173,053 shares of the stock traded hands, compared to its average volume of 2,028,392. The company has a 50-day simple moving average of $23.66 and a two-hundred day simple moving average of $22.42. Dreamland has a 12-month low of $3.00 and a 12-month high of $987.50.

Analyst Upgrades and Downgrades

TDIC has been the topic of several recent analyst reports. Wall Street Zen upgraded shares of Dreamland to a “sell” rating in a report on Saturday, June 13th. Weiss Ratings raised Dreamland from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

About Dreamland

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.