Goldfield Corp (NYSEAMERICAN:GV) was the recipient of a large decrease in short interest during the month of July. As of July 31st, there was short interest totalling 102,700 shares, a decrease of 13.6% from the June 30th total of 118,900 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average trading volume of 31,000 shares, the short-interest ratio is presently 3.3 days.
Institutional investors and hedge funds have recently bought and sold shares of the business. Shufro Rose & Co. LLC raised its stake in shares of Goldfield by 21.6% during the 1st quarter. Shufro Rose & Co. LLC now owns 187,074 shares of the company’s stock worth $413,000 after buying an additional 33,220 shares in the last quarter. BlackRock Inc. raised its stake in shares of Goldfield by 1.2% during the 2nd quarter. BlackRock Inc. now owns 432,908 shares of the company’s stock worth $996,000 after buying an additional 5,090 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of Goldfield by 1.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,932,777 shares of the company’s stock worth $4,368,000 after buying an additional 29,230 shares in the last quarter.
GV opened at $2.02 on Friday. Goldfield has a 52 week low of $1.98 and a 52 week high of $4.90.
The Goldfield Corporation, together with its subsidiaries, provides electrical infrastructure construction services primarily to electric utilities and industrial customers in Southeast and mid-Atlantic regions of the United States and Texas. It also offers electrical contracting services, including the construction of transmission lines, distribution systems, drilled pier foundations, substations, and other electrical services.
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