Dreamland Limited (NASDAQ:TDIC) Sees Significant Drop in Short Interest

Dreamland Limited (NASDAQ:TDIC) was the recipient of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 3,300 shares, a drop of 84.5% from the September 15th total of 21,300 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 519,100 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 519,100 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Dreamland Trading Up 17.8%

TDIC opened at $0.63 on Friday. The business has a 50 day simple moving average of $4.08. Dreamland has a 12-month low of $0.52 and a 12-month high of $7.90.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on TDIC. Wall Street Zen downgraded shares of Dreamland from a “hold” rating to a “sell” rating in a report on Saturday, August 16th. Weiss Ratings began coverage on shares of Dreamland in a report on Thursday. They set a “sell (e-)” rating on the stock. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Dreamland currently has a consensus rating of “Sell”.

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.