Short Interest in Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) Declines By 42.8%

Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) saw a significant 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. Based on an average daily volume of 8,586 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Golden Heaven Group Stock Down 1.8%

NASDAQ GDHG traded down $0.03 during trading hours on Tuesday, hitting $1.60. 18,145,265 shares of the company were exchanged, compared to its average volume of 3,881. The stock has a 50-day moving average price of $1.76 and a 200 day moving average price of $2.10. The company has a current ratio of 25.01, a quick ratio of 25.01 and a debt-to-equity ratio of 0.04. Golden Heaven Group has a 52 week low of $1.41 and a 52 week high of $25.80.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated 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, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

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.