Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) Sees Large Decrease in Short Interest

Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) saw a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 1,065 shares, a decline of 42.8% from the May 14th total of 1,862 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 8,586 shares, the short-interest ratio is currently 0.1 days.

Golden Heaven Group Trading Down 2.8%

Shares of NASDAQ:GDHG traded down $0.05 during trading on Monday, reaching $1.69. 1,349 shares of the company’s stock traded hands, compared to its average volume of 7,702. The company has a debt-to-equity ratio of 0.04, a current ratio of 25.01 and a quick ratio of 25.01. Golden Heaven Group has a 12 month low of $1.41 and a 12 month high of $25.80. The company has a 50 day moving average of $1.77 and a 200-day moving average of $2.14.

Analysts Set New Price Targets

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

About Golden Heaven Group

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.