Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) Sees Significant Growth in Short Interest

Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 6,200 shares, a growth of 51.2% from the September 15th total of 4,100 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 46,700 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 46,700 shares, the short-interest ratio is presently 0.1 days. Approximately 0.3% of the shares of the stock are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Golden Heaven Group in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Golden Heaven Group Trading Down 0.6%

Golden Heaven Group stock opened at $5.37 on Thursday. The firm has a 50 day simple moving average of $7.14 and a 200-day simple moving average of $34.67. Golden Heaven Group has a 12-month low of $2.40 and a 12-month high of $1,968.41.

About Golden Heaven Group

Golden Heaven Group Holdings Ltd., together with its subsidiaries, engages in the management and operation of urban amusement parks, water parks, and complementary recreational facilities in China. Its parks offer a range of recreational experiences, including thrilling and family-friendly rides, water attractions, gourmet festivals, circus performances, and high-tech facilities.