JIADE Limited (NASDAQ:JDZG) Short Interest Update

JIADE Limited (NASDAQ:JDZG) was the target of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 17,106 shares, a drop of 62.1% from the August 15th total of 45,143 shares. Based on an average trading volume of 241,383 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.3% of the company’s shares are sold short.

JIADE Price Performance

Shares of NASDAQ JDZG traded up $0.18 during midday trading on Monday, hitting $3.68. 875,103 shares of the company traded hands, compared to its average volume of 235,887. JIADE has a 12-month low of $2.63 and a 12-month high of $1,014.97. The stock has a 50-day moving average price of $20.34 and a 200 day moving average price of $26.80. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.04 and a quick ratio of 4.04.

Analysts Set New Price Targets

Several analysts have weighed in on JDZG shares. Weiss Ratings reiterated a “sell (d)” rating on shares of JIADE in a research report on Monday, August 31st. Wall Street Zen raised shares of JIADE from a “sell” rating to a “hold” rating in a research note on Saturday, June 6th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, JIADE currently has an average rating of “Sell”.

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.