Short Interest in JIADE Limited (NASDAQ:JDZG) Declines By 45.0%

JIADE Limited (NASDAQ:JDZG) saw a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 69,266 shares, a decline of 45.0% from the January 15th total of 125,984 shares. Based on an average daily volume of 60,459 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.3% of the shares of the company are short sold. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 60,459 shares, the days-to-cover ratio is presently 1.1 days.

JIADE Price Performance

JIADE stock traded up $2.12 during midday trading on Friday, hitting $3.81. 53,295,635 shares of the company’s stock were exchanged, compared to its average volume of 3,465,345. The stock has a 50-day moving average price of $1.27 and a two-hundred day moving average price of $1.67. JIADE has a 52-week low of $0.73 and a 52-week high of $6.40.

JIADE (NASDAQ:JDZG) last released its quarterly earnings results on Wednesday, December 17th. The company reported $0.00 EPS for the quarter. The company had revenue of $0.65 million during the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of JIADE in a research report on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.

JIADE Company Profile

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.