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

by · The Cerbat Gem

Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG – Get Free Report) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totaling 38,923 shares, a growth of 180.0% from the August 31st total of 13,900 shares. Approximately 1.5% of the shares of the company are sold short. Based on an average daily volume of 1,196,849 shares, the short-interest ratio is currently 0.0 days.

Golden Heaven Group Stock Performance

Shares of NASDAQ:GDHG remained flat at $1.17 during mid-day trading on Friday. The company had a trading volume of 301,312 shares, compared to its average volume of 644,706. The stock’s 50 day simple moving average is $1.30 and its 200 day simple moving average is $1.55. Golden Heaven Group has a 52 week low of $1.06 and a 52 week high of $8.13.

Golden Heaven Group (NASDAQ:GDHG – Get Free Report) last released its earnings results on Wednesday, July 8th. The company reported ($0.45) EPS for the quarter. The business had revenue of $2.11 million for the quarter.

Analyst Upgrades and Downgrades

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

Get Our Latest Stock Analysis on GDHG

About Golden Heaven Group

(Get Free Report)

Golden Heaven Group Holdings Ltd. is an amusement park operator based in China and is listed on the Nasdaq under the symbol GDHG. Through its operating subsidiaries, the company develops and manages recreational attractions designed for families and other visitors.

Its business activities include operating amusement parks and providing related entertainment services. These offerings may include rides, attractions, water-based recreation, food and beverage services, and the sale of merchandise and other visitor amenities.

Golden Heaven Group serves customers in China through its portfolio of amusement and leisure facilities.

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