Short Interest in DirectBooking Technology Co., Ltd. (NASDAQ:ZDAI) Grows By 516.4%

DirectBooking Technology Co., Ltd. (NASDAQ:ZDAI) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 47,526 shares, a growth of 516.4% from the April 15th total of 7,710 shares. Based on an average daily trading volume, of 294,679 shares, the short-interest ratio is presently 0.2 days. Approximately 0.6% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded shares of DirectBooking Technology from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, April 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, DirectBooking Technology has a consensus rating of “Sell”.

DirectBooking Technology Price Performance

Shares of ZDAI opened at $1.83 on Thursday. The firm has a 50-day moving average of $3.37 and a 200-day moving average of $5.17. DirectBooking Technology has a one year low of $1.74 and a one year high of $17.60.

DirectBooking Technology Company Profile

We are a holding company incorporated in the Cayman Islands with operations conducted by our Hong Kong subsidiary, Primega Construction. As a holding company with no material operations of its own, we conduct our operations in Hong Kong through our operating subsidiary, Primega Construction. Primega Construction is a provider of transportation services that employs environmentally friendly practices with the aim of facilitating reuse of C&D materials and reduction of construction waste. Through Primega Construction, we operate in the Hong Kong construction industry, mainly handling transportation of materials excavated from construction sites.