Short Interest in Guangdong Investment Limited (OTCMKTS:GGDVY) Declines By 25.0%

Guangdong Investment Limited (OTCMKTS:GGDVY) was the recipient of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 300 shares, a decrease of 25.0% from the March 15th total of 400 shares. Based on an average trading volume of 200 shares, the short-interest ratio is presently 1.5 days.

Guangdong Investment Stock Performance

Shares of OTCMKTS:GGDVY remained flat at $39.03 during trading on Friday. The company had a trading volume of 38 shares, compared to its average volume of 222. The firm has a 50-day moving average of $38.18 and a 200-day moving average of $36.25. Guangdong Investment has a 12-month low of $21.10 and a 12-month high of $41.70.

Guangdong Investment Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 24th were given a dividend of $0.2056 per share. This represents a dividend yield of 6.58%. The ex-dividend date was Friday, February 21st. Guangdong Investment’s payout ratio is currently 30.15%.

Guangdong Investment Company Profile

Guangdong Investment Limited, an investment holding company, engages in water resources, property investment and development, department store operation, hotel ownership, energy project operation and management, and road and bridge operation businesses. The company's Water Resources segment provides water distribution, sewage treatment, water pipeline installation and consultancy services, constructs water supply and sewage treatment infrastructure, and sells machineries in Mainland China and Hong Kong.