JIADE Limited (NASDAQ:JDZG) Short Interest Down 77.9% in April

JIADE Limited (NASDAQ:JDZG) was the recipient of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 36,642 shares, a decline of 77.9% from the April 15th total of 165,645 shares. Based on an average daily volume of 101,252 shares, the short-interest ratio is presently 0.4 days. Approximately 2.6% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on JDZG. Wall Street Zen cut shares of JIADE from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. Weiss Ratings upgraded JIADE from a “sell (d-)” rating to a “sell (d)” rating in a research report on Friday, May 1st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

JIADE Price Performance

NASDAQ:JDZG traded up $0.46 during mid-day trading on Friday, reaching $2.13. 65,316 shares of the company’s stock traded hands, compared to its average volume of 591,855. The company has a 50 day moving average price of $1.83 and a 200-day moving average price of $21.70. The company has a quick ratio of 4.04, a current ratio of 4.04 and a debt-to-equity ratio of 0.01. JIADE has a 12-month low of $1.07 and a 12-month high of $122.00.

JIADE (NASDAQ:JDZG) last released its quarterly earnings data on Friday, April 10th. The company reported ($0.20) earnings per share for the quarter. The business had revenue of $1.18 million during the quarter.

About JIADE

JIADE LIMITED specializes in providing one-stop comprehensive education supporting services to adult education institutions, through a wide spectrum of software platform and auxiliary solutions. The Company’s services are primarily offered through the Kebiao Technology Educational Administration Platform. JIADE LIMITED is based in Chengdu, China.