Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) Short Interest Up 1,126.1% in June

Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) was the target of a significant growth in short interest during the month of 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 trading volume of 2,095,408 shares, the short-interest ratio is currently 0.0 days. Approximately 0.6% of the shares of the stock are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Golden Heaven Group in a research note on Tuesday, April 21st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Golden Heaven Group has an average rating of “Sell”.

Golden Heaven Group Stock Performance

Shares of Golden Heaven Group stock traded up $0.06 during trading on Friday, reaching $1.57. 157,811 shares of the stock were exchanged, compared to its average volume of 1,125,075. The stock’s fifty day moving average is $1.62 and its 200 day moving average is $1.86. Golden Heaven Group has a 1 year low of $1.06 and a 1 year high of $20.25.

Golden Heaven Group (NASDAQ:GDHG) last announced its quarterly earnings results on Tuesday, July 7th. The company reported ($0.45) earnings per share (EPS) for the quarter. The company 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.