JIADE Limited (NASDAQ:JDZG) Short Interest Up 67.6% in May

JIADE Limited (NASDAQ:JDZG) was the recipient of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 117,948 shares, a growth of 67.6% from the May 14th total of 70,375 shares. Based on an average daily trading volume, of 1,185,416 shares, the short-interest ratio is currently 0.1 days. Approximately 83.7% of the shares of the company are sold short.

Analysts Set New Price Targets

Several brokerages have recently issued reports on JDZG. Wall Street Zen raised shares of JIADE from a “sell” rating to a “hold” rating in a report on Saturday, June 6th. Weiss Ratings upgraded shares of JIADE from a “sell (d-)” rating to a “sell (d)” rating in a research report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, JIADE has an average rating of “Sell”.

JIADE Stock Performance

JIADE stock remained flat at $50.00 during mid-day trading on Monday. The company has a current ratio of 4.04, a quick ratio of 4.04 and a debt-to-equity ratio of 0.01. JIADE has a twelve month low of $10.71 and a twelve month high of $1,148.20. The firm has a fifty day moving average of $26.07 and a two-hundred day moving average of $158.60.

JIADE (NASDAQ:JDZG) last issued its quarterly earnings data on Friday, April 10th. The company reported ($2.00) earnings per share for the quarter. The company had revenue of $1.18 million for the quarter.

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.