JIADE Limited (NASDAQ:JDZG) Sees Large Growth in Short Interest

JIADE Limited (NASDAQ:JDZG – Get Free Report) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 688,109 shares, an increase of 570.5% from the September 30th total of 102,627 shares. Based on an average daily volume of 1,124,586 shares, the short-interest ratio is presently 0.6 days. Currently, 12.7% of the shares of the company are sold short.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on JDZG shares. Weiss Ratings reissued a “sell (d)” rating on shares of JIADE in a report on Monday, August 31st. Wall Street Zen upgraded shares of JIADE from a “sell” rating to a “hold” rating in a research report on Sunday, October 4th. One research analyst has rated the stock with a Sell rating. According to MarketBeat, the stock presently has a consensus rating of “Sell”.

Check Out Our Latest Analysis on JIADE

JIADE Stock Performance

NASDAQ JDZG traded down $4.60 during trading hours on Wednesday, reaching $1.50. The company’s stock had a trading volume of 6,061,407 shares, compared to its average volume of 372,093. The company’s 50-day moving average is $4.64 and its two-hundred day moving average is $68.91. JIADE has a 1-year low of $1.17 and a 1-year high of $1,014.97.

JIADE Company Profile

(Get Free Report)

JIADE Limited (NASDAQ: JDZG) is an education services company focused on adult education in China. Through its operating subsidiaries, the company provides education and academic support services for adults pursuing higher education and professional development.

Its activities include tutoring, course instruction, and related student services designed to help learners prepare for examinations and complete adult education programs. The company’s services are delivered primarily through education programs and supporting online platforms.

JIADE Limited serves students in the People’s Republic of China.

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