Dreamland Limited (NASDAQ:TDIC) Sees Large Decline in Short Interest

Dreamland Limited (NASDAQ:TDICGet Free Report) was the target of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 32,209 shares, a decrease of 70.8% from the May 31st total of 110,119 shares. Based on an average daily trading volume, of 2,520,859 shares, the short-interest ratio is presently 0.0 days. Approximately 2.1% of the shares of the company are short sold.

Dreamland Stock Up 2.4%

TDIC stock traded up $0.14 during mid-day trading on Monday, reaching $5.99. The company had a trading volume of 24,206 shares, compared to its average volume of 640,106. Dreamland has a one year low of $5.05 and a one year high of $987.50. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.67 and a current ratio of 1.68. The stock’s 50-day simple moving average is $27.70 and its two-hundred day simple moving average is $24.59.

Analysts Set New Price Targets

A number of equities analysts have issued reports on TDIC shares. Wall Street Zen raised 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 report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Dreamland presently has an average rating of “Sell”.

View Our Latest Stock Analysis on Dreamland

Dreamland Company Profile

(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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