Dreamland Limited (NASDAQ:TDIC) Short Interest Update

Dreamland Limited (NASDAQ:TDIC) saw a significant decline in short interest in 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. Based on an average trading volume of 14,203,037 shares, the short-interest ratio is presently 0.0 days. Approximately 1.5% of the shares of the stock are short sold.

Dreamland Trading Down 21.8%

Dreamland stock traded down $0.11 during mid-day trading on Tuesday, reaching $0.39. 50,569,871 shares of the company traded hands, compared to its average volume of 61,082,728. The company has a quick ratio of 1.67, a current ratio of 1.68 and a debt-to-equity ratio of 0.18. The firm’s 50 day moving average price is $1.21 and its 200 day moving average price is $1.10. Dreamland has a 52-week low of $0.20 and a 52-week high of $39.50.

Dreamland’s stock is 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.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of 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 MarketBeat.com, the company presently has an average rating of “Sell”.

Dreamland Company Profile

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.