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

Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) was the recipient of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 10,850 shares, a drop of 33.9% from the June 30th total of 16,418 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average daily volume of 160,197 shares, the days-to-cover ratio is presently 0.1 days.

Analysts Set New Price Targets

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

Golden Heaven Group Stock Performance

Shares of NASDAQ GDHG opened at $1.44 on Friday. The firm’s 50-day simple moving average is $1.52 and its 200 day simple moving average is $1.77. Golden Heaven Group has a fifty-two week low of $1.06 and a fifty-two week high of $10.72.

Golden Heaven Group (NASDAQ:GDHG) last announced its earnings results on Tuesday, July 7th. The company reported ($0.45) earnings per share (EPS) for the quarter. The company had revenue of $2.11 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.