Short Interest in Dreamland Limited (NASDAQ:TDIC) Expands By 8,472.7%

Dreamland Limited (NASDAQ:TDIC) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 282,900 shares, a growth of 8,472.7% from the September 30th total of 3,300 shares. Based on an average trading volume of 1,320,000 shares, the days-to-cover ratio is presently 0.2 days. Approximately 3.6% of the shares of the stock are short sold. Approximately 3.6% of the shares of the stock are short sold. Based on an average trading volume of 1,320,000 shares, the days-to-cover ratio is presently 0.2 days.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Weiss Ratings started coverage on Dreamland in a research note on Thursday, October 16th. They issued a “sell (e-)” rating for the company. Wall Street Zen cut Dreamland from a “hold” rating to a “sell” rating in a report on Saturday, August 16th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Dreamland Price Performance

Shares of TDIC opened at $0.42 on Tuesday. Dreamland has a twelve month low of $0.41 and a twelve month high of $7.90. The business’s 50 day simple moving average is $3.66.

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.