JIADE Limited (NASDAQ:JDZG) Sees Significant Decline in Short Interest

JIADE Limited (NASDAQ:JDZG) saw a significant drop in short interest in August. As of August 14th, there was short interest totaling 45,143 shares, a drop of 66.4% from the July 30th total of 134,256 shares. Based on an average daily trading volume, of 601,263 shares, the short-interest ratio is presently 0.1 days. Approximately 0.8% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

Several research firms recently commented on JDZG. Weiss Ratings upgraded JIADE from a “sell (d-)” rating to a “sell (d)” rating in a research report on Wednesday, June 3rd. Wall Street Zen upgraded JIADE from a “sell” rating to a “hold” rating in a research report on Saturday, June 6th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

JIADE Trading Down 2.0%

Shares of NASDAQ:JDZG opened at $3.50 on Friday. The company’s fifty day moving average price is $30.61 and its 200-day moving average price is $51.91. JIADE has a one year low of $2.63 and a one year high of $1,014.97. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.04 and a quick ratio of 4.04.

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.