Guangdong Investment Limited (OTCMKTS:GGDVY) Stock Short Interest Report for October

Guangdong Investment Limited (OTCMKTS:GGDVY) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 92 shares. Based on an average daily volume of 90 shares, the days-to-cover ratio is presently 1.0 days.

Guangdong Investment Trading Down 9.7%

GGDVY traded down $5.54 during trading on Friday, reaching $51.48. 391 shares of the company traded hands, compared to its average volume of 1,083. Guangdong Investment has a 12-month low of $42.50 and a 12-month high of $57.64. The firm has a fifty day simple moving average of $55.34 and a 200 day simple moving average of $50.95.

About Guangdong Investment

Guangdong Investment Limited is an investment holding company based in Guangdong, China. Through its subsidiaries and affiliated businesses, the company is primarily engaged in water resources, property investment and development, energy, and department store operations.

Water resources is a core business, with activities that include the supply and distribution of water and related water-management services in mainland China, particularly in Guangdong Province and other regions. The company also invests in and develops commercial, residential, and other properties, while its property investment activities generate rental income from commercial and office assets.

Guangdong Investment has also participated in energy-related projects and operates department store businesses in China.