Dreamland Limited (NASDAQ:TDIC) Short Interest Update

Dreamland Limited (NASDAQ:TDIC) was the target of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 110,119 shares, a decrease of 90.5% from the May 14th total of 1,158,783 shares. Based on an average daily trading volume, of 14,203,037 shares, the days-to-cover ratio is presently 0.0 days. Approximately 1.5% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised Dreamland from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, June 3rd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Dreamland has an average rating of “Sell”.

Dreamland Trading Down 12.4%

Shares of NASDAQ:TDIC traded down $0.05 during midday trading on Wednesday, reaching $0.34. 5,261,208 shares of the company’s stock were exchanged, compared to its average volume of 12,601,996. Dreamland has a fifty-two week low of $0.20 and a fifty-two week high of $39.50. The firm’s 50 day simple moving average is $1.21 and its two-hundred day simple moving average is $1.10. The company has a quick ratio of 1.67, a current ratio of 1.68 and a debt-to-equity ratio of 0.18.

Dreamland’s stock is going to reverse split before the market opens on Monday, June 15th. The 1-25 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, June 14th.

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.