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

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

Analyst Upgrades and Downgrades

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

Golden Heaven Group Stock Up 4.0%

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

Golden Heaven Group (NASDAQ:GDHG) last released its earnings results on Tuesday, July 7th. The company reported ($0.45) EPS for the quarter. The firm had revenue of $2.11 million during the quarter.

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.