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

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

Golden Heaven Group Trading Up 9.0%

Shares of GDHG traded up $0.17 during mid-day trading on Friday, reaching $2.06. 7,934 shares of the company’s stock were exchanged, compared to its average volume of 6,699. The business’s fifty day simple moving average is $2.34 and its 200-day simple moving average is $4.86. Golden Heaven Group has a 52-week low of $1.82 and a 52-week high of $1,968.41. The company has a debt-to-equity ratio of 0.04, a quick ratio of 25.01 and a current ratio of 25.01.

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Golden Heaven Group in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.

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.