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

Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) saw a significant increase in short interest in March. As of March 31st, there was short interest totaling 1,919 shares, an increase of 150.2% from the March 15th total of 767 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 2,819 shares, the short-interest ratio is currently 0.7 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Golden Heaven Group in a research report on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Golden Heaven Group presently has an average rating of “Sell”.

Golden Heaven Group Trading Down 1.0%

Shares of NASDAQ:GDHG traded down $0.02 during trading hours on Monday, hitting $1.90. 2,421 shares of the company’s stock traded hands, compared to its average volume of 7,186. Golden Heaven Group has a 1 year low of $1.56 and a 1 year high of $172.76. The business has a fifty day moving average price of $1.90 and a 200-day moving average price of $3.31. The company has a quick ratio of 25.01, a current ratio of 25.01 and a debt-to-equity ratio of 0.04.

Golden Heaven Group (NASDAQ:GDHG) last announced its earnings results on Wednesday, January 21st. The company reported $300.06 earnings per share (EPS) for the quarter. The business had revenue of $3.57 million for the quarter.

Golden Heaven Group Company Profile

Golden Heaven Group Inc (NASDAQ:GDHG) is a China-based company specializing in the research, development, production and distribution of environmentally friendly agricultural and industrial chemical products. Its core business activities include the manufacturing of organic and bio-based agricultural inputs such as organic fertilizers, biopesticides and plant growth regulators designed to enhance soil health and crop yields. In addition, Golden Heaven offers water‐treatment chemicals and air‐quality control agents for industrial applications.

The company’s product portfolio features Bacillus‐based biopesticides, proprietary organic fertilizer blends containing beneficial microorganisms and enzymatic additives, and specialty agents for industrial boiler desulfurization and wastewater remediation.