Guangdong Investment Limited (OTCMKTS:GGDVY) Sees Large Increase in Short Interest

Guangdong Investment Limited (OTCMKTS:GGDVY) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 229 shares, an increase of 780.8% from the August 15th total of 26 shares. Based on an average daily volume of 39 shares, the days-to-cover ratio is currently 5.9 days.

Guangdong Investment Stock Up 0.1%

Shares of OTCMKTS GGDVY traded up $0.06 during trading on Thursday, hitting $56.97. 113 shares of the company traded hands, compared to its average volume of 1,319. The company has a 50-day moving average price of $50.98 and a 200-day moving average price of $50.55. Guangdong Investment has a 1 year low of $42.50 and a 1 year high of $56.97.

About Guangdong Investment

Guangdong Investment Limited is a Hong Kong–incorporated conglomerate that traces its roots to the early 1970s, with significant backing from the Guangdong Provincial Government. Over the decades, the company has evolved from a regional investor into a diversified holding entity, deploying capital across multiple infrastructure and real estate sectors to support urban development in southern China. Its structure allows it to participate in strategic projects that align with government initiatives, particularly in the Pearl River Delta economic region.

The company’s primary business activities encompass water supply operations, property investment and development, and transport infrastructure.