Guangdong Investment Limited (OTCMKTS:GGDVY – Get Free Report) saw a significant 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 short-interest ratio is currently 5.9 days.
Guangdong Investment Price Performance
Shares of GGDVY remained flat at $56.97 during trading hours on Friday. 113 shares of the company were exchanged, compared to its average volume of 1,319. Guangdong Investment has a one year low of $42.50 and a one year high of $56.97. The stock has a 50 day moving average price of $50.98 and a two-hundred day moving average price of $50.55.
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.
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