JIADE Limited (NASDAQ:JDZG) Short Interest Update

JIADE Limited (NASDAQ:JDZG) was the target of a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 28,000 shares, a drop of 69.9% from the March 15th total of 93,000 shares. Currently, 0.7% of the company’s stock are sold short. Based on an average trading volume of 311,500 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On JIADE

An institutional investor recently raised its position in JIADE stock. Two Sigma Investments LP raised its stake in shares of JIADE Limited (NASDAQ:JDZG) by 120.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,544 shares of the company’s stock after purchasing an additional 21,596 shares during the quarter. Two Sigma Investments LP owned about 0.16% of JIADE worth $33,000 at the end of the most recent reporting period.

JIADE Price Performance

JDZG traded up $0.04 on Tuesday, hitting $0.58. The company had a trading volume of 951,906 shares, compared to its average volume of 1,175,043. The stock has a fifty day moving average price of $0.62 and a 200-day moving average price of $0.75. JIADE has a 12-month low of $0.45 and a 12-month high of $15.08.

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.