Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) Short Interest Down 39.8% in May

Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) saw a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 1,862 shares, a drop of 39.8% from the April 30th total of 3,092 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 12,215 shares, the days-to-cover ratio is presently 0.2 days.

Analysts Set New Price Targets

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

Golden Heaven Group Price Performance

Golden Heaven Group stock traded down $0.11 during midday trading on Thursday, reaching $1.67. The stock had a trading volume of 1,785 shares, compared to its average volume of 7,992. The firm’s fifty day simple moving average is $1.78 and its 200-day simple moving average is $2.28. Golden Heaven Group has a 1-year low of $1.41 and a 1-year high of $25.80. The company has a quick ratio of 25.01, a current ratio of 25.01 and a debt-to-equity ratio of 0.04.

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.