Short Interest in Dreamland Limited (NASDAQ:TDIC) Rises By 199.8%

Dreamland Limited (NASDAQ:TDIC) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 341,242 shares, a growth of 199.8% from the December 15th total of 113,837 shares. Currently, 0.9% of the company’s shares are sold short. Based on an average daily trading volume, of 1,564,485 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 1,564,485 shares, the short-interest ratio is presently 0.2 days. Currently, 0.9% of the company’s shares are sold short.

Dreamland Trading Up 5.4%

Shares of TDIC stock opened at $0.20 on Thursday. The firm has a 50 day simple moving average of $0.29. Dreamland has a 52-week low of $0.18 and a 52-week high of $7.90.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings started coverage on Dreamland in a research report on Thursday, October 16th. They set a “sell (e-)” rating for the company. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Dreamland presently has an average rating of “Sell”.

Dreamland Company Profile

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.