Short Interest in Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) Rises By 29.7%

Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totaling 2,488 shares, a growth of 29.7% from the March 31st total of 1,919 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 2,964 shares, the days-to-cover ratio is presently 0.8 days.

Wall Street Analyst Weigh In

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

Golden Heaven Group Stock Performance

Shares of GDHG traded up $0.11 during trading hours on Friday, reaching $1.79. 1,692 shares of the company traded hands, compared to its average volume of 7,522. Golden Heaven Group has a 12-month low of $1.56 and a 12-month high of $123.38. The company has a quick ratio of 25.01, a current ratio of 25.01 and a debt-to-equity ratio of 0.04. The stock’s fifty day moving average price is $1.84 and its 200 day moving average price is $2.81.

Golden Heaven Group (NASDAQ:GDHG) last issued its earnings results on Wednesday, January 21st. The company reported $300.06 earnings per share (EPS) for the quarter. The company had revenue of $3.57 million for the quarter.

Golden Heaven Group Company Profile

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.