Short Interest in Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) Decreases By 42.8%

Golden Heaven Group Holdings Ltd. (NASDAQ:GDHGGet Free Report) was the target of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 1,065 shares, a drop of 42.8% from the May 14th total of 1,862 shares. Based on an average trading volume of 8,586 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Golden Heaven Group Price Performance

Shares of GDHG stock opened at $1.74 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 25.01 and a current ratio of 25.01. The company’s 50 day moving average price is $1.77 and its two-hundred day moving average price is $2.15. Golden Heaven Group has a 52 week low of $1.41 and a 52 week high of $25.80.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Golden Heaven Group in a research note on Tuesday, April 21st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Golden Heaven Group presently has a consensus rating of “Sell”.

Read Our Latest Stock Analysis on Golden Heaven Group

About Golden Heaven Group

(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.

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