Short Interest in Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) Increases By 29.7%

Golden Heaven Group Holdings Ltd. (NASDAQ:GDHGGet Free Report) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totaling 2,488 shares, a growth of 29.7% from the March 31st total of 1,919 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 2,964 shares, the days-to-cover ratio is presently 0.8 days.

Golden Heaven Group Price Performance

Shares of NASDAQ:GDHG traded up $0.11 during mid-day trading on Friday, reaching $1.79. 1,689 shares of the stock were exchanged, compared to its average volume of 7,522. The stock’s 50 day simple moving average is $1.84 and its 200-day simple moving average is $2.81. Golden Heaven Group has a one year low of $1.56 and a one year high of $123.38. 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:GDHGGet Free Report) last released its quarterly earnings results on Wednesday, January 21st. The company reported $300.06 earnings per share for the quarter. The firm had revenue of $3.57 million for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Golden Heaven Group in a report on Tuesday, April 21st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

Get Our Latest Stock Analysis on GDHG

Golden Heaven Group Company Profile

(Get Free Report)

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.

Further Reading

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