Short Interest in DirectBooking Technology Co., Ltd. (NASDAQ:ZDAI) Declines By 74.6%

DirectBooking Technology Co., Ltd. (NASDAQ:ZDAI) was the target of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 49,700 shares, a decrease of 74.6% from the September 30th total of 195,800 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 1,990,000 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 1,990,000 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.2% of the shares of the stock are short sold.

DirectBooking Technology Stock Performance

Shares of NASDAQ ZDAI opened at $0.52 on Tuesday. DirectBooking Technology has a 1 year low of $0.37 and a 1 year high of $107.36. The stock’s 50 day moving average price is $0.56. The company has a current ratio of 2.65, a quick ratio of 2.65 and a debt-to-equity ratio of 0.30.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of DirectBooking Technology in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

About DirectBooking Technology

We are a holding company incorporated in the Cayman Islands with operations conducted by our Hong Kong subsidiary, Primega Construction. As a holding company with no material operations of its own, we conduct our operations in Hong Kong through our operating subsidiary, Primega Construction. Primega Construction is a provider of transportation services that employs environmentally friendly practices with the aim of facilitating reuse of C&D materials and reduction of construction waste.