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

Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 16,418 shares, an increase of 1,126.1% from the June 15th total of 1,339 shares. Based on an average daily trading volume, of 2,095,408 shares, the short-interest ratio is currently 0.0 days. Approximately 0.6% of the shares of the company are sold short.

Analyst Ratings Changes

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

Golden Heaven Group Stock Performance

Golden Heaven Group stock traded up $0.06 during mid-day trading on Friday, hitting $1.57. 157,811 shares of the company were exchanged, compared to its average volume of 1,125,075. Golden Heaven Group has a 12-month low of $1.06 and a 12-month high of $20.25. The business’s 50 day simple moving average is $1.62 and its two-hundred day simple moving average is $1.86.

Golden Heaven Group (NASDAQ:GDHG) last posted its quarterly earnings data on Tuesday, July 7th. The company reported ($0.45) earnings per share for the quarter. The firm 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.