Dreamland Limited (NASDAQ:TDIC) Shares Shorted: Short Interest Up 391.3% in September

Dreamland Limited (NASDAQ:TDIC) was the target of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 55,106 shares, an increase of 391.3% from the September 15th total of 11,217 shares. Approximately 3.6% of the shares of the company are sold short. Based on an average daily volume of 4,010,779 shares, the days-to-cover ratio is presently 0.0 days.

Dreamland Price Performance

NASDAQ TDIC traded down $0.13 on Friday, hitting $1.69. 35,934 shares of the company traded hands, compared to its average volume of 2,233,137. The company has a debt-to-equity ratio of 1.78, a current ratio of 1.23 and a quick ratio of 1.23. The business’s 50 day moving average price is $2.36 and its 200-day moving average price is $13.19. Dreamland has a 52-week low of $1.68 and a 52-week high of $763.75.

Dreamland (NASDAQ:TDIC) last released its quarterly earnings results on Monday, August 17th. The company reported ($8.04) earnings per share (EPS) for the quarter. The business had revenue of $0.67 million during the quarter.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Wall Street Zen cut shares of Dreamland from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 1st. Weiss Ratings downgraded shares of Dreamland from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday, August 24th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company 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.