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

Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) was the target of a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 6,674 shares, a drop of 21.8% from the November 30th total of 8,532 shares. Based on an average daily volume of 15,231 shares, the short-interest ratio is presently 0.4 days. Currently, 0.3% of the company’s stock are short sold. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 15,231 shares, the short-interest ratio is presently 0.4 days.

Golden Heaven Group Stock Down 12.3%

Golden Heaven Group stock traded down $0.29 during mid-day trading on Tuesday, reaching $2.04. 6,352 shares of the stock traded hands, compared to its average volume of 31,403. Golden Heaven Group has a 12-month low of $2.02 and a 12-month high of $1,968.41. The business’s 50-day moving average is $3.88 and its 200-day moving average is $8.06.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Golden Heaven Group in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Golden Heaven Group Company Profile

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.