Dreamland Limited (NASDAQ:TDIC) Short Interest Update

Dreamland Limited (NASDAQ:TDIC) saw a significant growth in short interest in May. As of May 15th, there was short interest totaling 1,158,783 shares, a growth of 649.4% from the April 30th total of 154,618 shares. Based on an average daily volume of 43,198,630 shares, the short-interest ratio is currently 0.0 days. Currently, 16.1% of the company’s stock are sold short.

Analysts Set New Price Targets

Separately, Weiss Ratings lowered shares of Dreamland from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, May 19th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Dreamland Stock Down 5.1%

Shares of TDIC traded down $0.02 during trading hours on Thursday, reaching $0.43. 3,496,564 shares of the stock traded hands, compared to its average volume of 6,941,858. 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 stock has a fifty day simple moving average of $1.27 and a 200 day simple moving average of $1.21. Dreamland has a 52 week low of $0.38 and a 52 week high of $39.50.

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.