Dreamland Limited (NASDAQ:TDIC) Sees Significant Drop in Short Interest

Dreamland Limited (NASDAQ:TDIC – Get Free Report) saw a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 110,119 shares, a decline of 90.5% from the May 14th total of 1,158,783 shares. Currently, 1.5% of the company’s shares are sold short. Based on an average daily trading volume, of 14,203,037 shares, the short-interest ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

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

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Dreamland Trading Down 13.0%

NASDAQ TDIC traded down $0.05 during trading on Thursday, reaching $0.31. 5,193,803 shares of the company’s stock traded hands, compared to its average volume of 12,578,421. The company has a current ratio of 1.68, a quick ratio of 1.67 and a debt-to-equity ratio of 0.18. The company’s 50 day simple moving average is $1.21 and its two-hundred day simple moving average is $1.10. Dreamland has a 12-month low of $0.20 and a 12-month high of $39.50.

Shares of Dreamland are set to reverse split on Monday, June 15th. The 1-25 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, June 14th.

About Dreamland

(Get Free Report)

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.

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