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

Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) was the target of a significant drop in short interest in the month of December. As of December 15th, there was short interest totaling 6,674 shares, a drop of 21.8% from the November 30th total of 8,532 shares. Based on an average trading volume of 15,231 shares, the short-interest ratio is currently 0.4 days. Approximately 0.3% of the shares of the company are sold short. Approximately 0.3% of the shares of the company are sold short. Based on an average trading volume of 15,231 shares, the short-interest ratio is currently 0.4 days.

Golden Heaven Group Stock Down 12.3%

Shares of GDHG stock traded down $0.29 on Tuesday, hitting $2.04. 6,352 shares of the stock traded hands, compared to its average volume of 31,403. Golden Heaven Group has a 52 week low of $2.02 and a 52 week high of $1,968.41. The firm has a 50 day simple moving average of $3.88 and a two-hundred day simple moving average of $8.06.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Golden Heaven Group in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

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.