Guangdong Investment Limited (OTCMKTS:GGDVY – Get Free Report) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 92 shares. Based on an average trading volume of 90 shares, the short-interest ratio is currently 1.0 days.
Guangdong Investment Stock Performance
Shares of OTCMKTS:GGDVY traded down $5.54 during midday trading on Friday, hitting $51.48. The company’s stock had a trading volume of 391 shares, compared to its average volume of 1,083. The business’s 50 day simple moving average is $55.34 and its 200 day simple moving average is $50.95. Guangdong Investment has a 12-month low of $42.50 and a 12-month high of $57.64.
About Guangdong Investment
Guangdong Investment Limited is an investment holding company based in Guangdong, China. Through its subsidiaries and affiliated businesses, the company is primarily engaged in water resources, property investment and development, energy, and department store operations.
Water resources is a core business, with activities that include the supply and distribution of water and related water-management services in mainland China, particularly in Guangdong Province and other regions. The company also invests in and develops commercial, residential, and other properties, while its property investment activities generate rental income from commercial and office assets.
Guangdong Investment has also participated in energy-related projects and operates department store businesses in China.
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