Guangdong Investment Limited (OTCMKTS:GGDVY – Get Free Report) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 378 shares, a growth of 440.0% from the May 31st total of 70 shares. Based on an average daily trading volume, of 58 shares, the short-interest ratio is currently 6.5 days.
Guangdong Investment Stock Up 2.6%
Shares of OTCMKTS GGDVY traded up $1.22 during mid-day trading on Friday, hitting $49.14. 76 shares of the company’s stock traded hands, compared to its average volume of 1,656. The company’s 50-day moving average is $51.86 and its two-hundred day moving average is $48.37. Guangdong Investment has a 1 year low of $40.68 and a 1 year high of $53.54.
About Guangdong Investment
Guangdong Investment Limited is a Hong Kong–incorporated conglomerate that traces its roots to the early 1970s, with significant backing from the Guangdong Provincial Government. Over the decades, the company has evolved from a regional investor into a diversified holding entity, deploying capital across multiple infrastructure and real estate sectors to support urban development in southern China. Its structure allows it to participate in strategic projects that align with government initiatives, particularly in the Pearl River Delta economic region.
The company’s primary business activities encompass water supply operations, property investment and development, and transport infrastructure.
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