Short Interest in Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) Decreases By 33.9%

Golden Heaven Group Holdings Ltd. (NASDAQ:GDHGGet Free Report) was the recipient of a large decrease in short interest in July. As of July 15th, there was short interest totaling 10,850 shares, a decrease of 33.9% from the June 30th total of 16,418 shares. Based on an average trading volume of 160,197 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.4% of the company’s stock are short sold.

Golden Heaven Group Stock Performance

GDHG opened at $1.31 on Friday. Golden Heaven Group has a fifty-two week low of $1.06 and a fifty-two week high of $10.72. The firm has a 50-day moving average of $1.53 and a 200 day moving average of $1.77.

Golden Heaven Group (NASDAQ:GDHGGet Free Report) last released its earnings results on Tuesday, July 7th. The company reported ($0.45) earnings per share for the quarter. The firm had revenue of $2.11 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings downgraded shares of Golden Heaven Group from a “sell (d)” rating to a “sell (e+)” rating in a research report on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

Check Out Our Latest Stock Report on Golden Heaven Group

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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