Dreamland Limited (NASDAQ:TDIC) Short Interest Down 85.3% in August

Dreamland Limited (NASDAQ:TDICGet Free Report) was the target of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 10,183 shares, a decline of 85.3% from the August 15th total of 69,069 shares. Approximately 0.7% of the shares of the company are short sold. Based on an average trading volume of 42,365 shares, the days-to-cover ratio is presently 0.2 days.

Dreamland Stock Up 0.4%

Shares of TDIC opened at $2.25 on Friday. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 1.78. Dreamland has a 12 month low of $2.15 and a 12 month high of $987.50. The firm’s 50 day moving average is $2.79 and its 200-day moving average is $15.86.

Dreamland (NASDAQ:TDICGet Free Report) last issued its quarterly earnings results on Monday, August 17th. The company reported ($8.04) earnings per share (EPS) for the quarter. The company had revenue of $0.67 million during the quarter.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on TDIC shares. Weiss Ratings downgraded shares of Dreamland from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday, August 24th. Wall Street Zen downgraded Dreamland from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 1st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Get Our Latest Stock Analysis on TDIC

Insider Transactions at Dreamland

In related news, CEO Wai Yue Seto acquired 652,000 shares of Dreamland stock in a transaction on Tuesday, July 7th. The stock was purchased at an average cost of $3.75 per share, with a total value of $2,445,000.00. Following the completion of the transaction, the chief executive officer directly owned 749,890 shares in the company, valued at $2,812,087.50. This trade represents a 666.05% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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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