Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) Sees Significant Drop in Short Interest

Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) was the recipient of a significant decrease in short interest in January. As of January 30th, there was short interest totaling 6,039 shares, a decrease of 23.5% from the January 15th total of 7,890 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 9,196 shares, the short-interest ratio is currently 0.7 days. Based on an average daily trading volume, of 9,196 shares, the short-interest ratio is currently 0.7 days. Approximately 0.2% of the company’s stock are sold short.

Golden Heaven Group Stock Performance

Shares of GDHG stock traded up $0.17 during trading hours on Monday, reaching $2.06. The company had a trading volume of 7,934 shares, compared to its average volume of 6,772. The company has a debt-to-equity ratio of 0.04, a quick ratio of 25.01 and a current ratio of 25.01. The business has a fifty day moving average price of $2.34 and a 200-day moving average price of $4.84. Golden Heaven Group has a one year low of $1.82 and a one year high of $1,968.41.

Golden Heaven Group (NASDAQ:GDHG) last issued its quarterly earnings data on Wednesday, January 21st. The company reported $300.06 earnings per share for the quarter. The company had revenue of $3.57 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Golden Heaven Group in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

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.