JIADE (NASDAQ:JDZG) Shares Down 1.9% – What’s Next?

Shares of JIADE Limited (NASDAQ:JDZG) fell 1.9% during mid-day trading on Friday . The company traded as low as $0.48 and last traded at $0.50. 47,365 shares changed hands during trading, a decline of 96% from the average session volume of 1,177,319 shares. The stock had previously closed at $0.51.

JIADE Stock Down 1.9 %

The firm’s 50-day simple moving average is $0.62 and its 200-day simple moving average is $0.75.

Institutional Investors Weigh In On JIADE

An institutional investor recently raised its position in JIADE stock. Two Sigma Investments LP grew its stake in JIADE Limited (NASDAQ:JDZG) by 120.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 39,544 shares of the company’s stock after purchasing an additional 21,596 shares during the period. Two Sigma Investments LP owned approximately 0.16% of JIADE worth $33,000 as of its most recent filing with the Securities and Exchange Commission.

JIADE Company Profile

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.