Short Interest in Dreamland Limited (NASDAQ:TDIC) Drops By 71.2%

Dreamland Limited (NASDAQ:TDIC) was the recipient of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 9,267 shares, a decrease of 71.2% from the June 15th total of 32,209 shares. Based on an average daily volume of 2,083,875 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.6% of the company’s shares are sold short.

Analysts Set New Price Targets

TDIC has been the subject of several recent analyst reports. Wall Street Zen upgraded shares of Dreamland to a “sell” rating in a research report on Saturday, June 13th. Weiss Ratings raised shares of Dreamland from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, June 3rd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

Dreamland Price Performance

NASDAQ:TDIC traded down $0.19 on Friday, reaching $3.68. The company’s stock had a trading volume of 173,053 shares, compared to its average volume of 2,028,392. Dreamland has a 12-month low of $3.00 and a 12-month high of $987.50. The stock has a 50 day moving average price of $23.66 and a 200 day moving average price of $22.42.

About Dreamland

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.