Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) Short Interest Up 29.7% in April

Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) saw a large growth in short interest during the month of April. As of April 15th, there was short interest totaling 2,488 shares, a growth of 29.7% from the March 31st total of 1,919 shares. Based on an average daily volume of 2,964 shares, the short-interest ratio is currently 0.8 days. Currently, 0.1% of the shares of the company are short sold.

Analyst Ratings Changes

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

Golden Heaven Group Stock Performance

Shares of NASDAQ:GDHG traded down $0.14 during midday trading on Wednesday, hitting $1.70. The stock had a trading volume of 584 shares, compared to its average volume of 7,683. The stock has a 50 day moving average price of $1.85 and a two-hundred day moving average price of $2.83. The company has a quick ratio of 25.01, a current ratio of 25.01 and a debt-to-equity ratio of 0.04. Golden Heaven Group has a 1 year low of $1.56 and a 1 year high of $127.50.

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