Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) Short Interest Update

Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) was the recipient of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 16,418 shares, a growth of 1,126.1% from the June 15th total of 1,339 shares. Based on an average trading volume of 2,095,408 shares, the short-interest ratio is currently 0.0 days. Approximately 0.6% of the shares of the company are short sold.

Golden Heaven Group Stock Performance

NASDAQ:GDHG traded up $0.06 during mid-day trading on Friday, reaching $1.57. The stock had a trading volume of 157,811 shares, compared to its average volume of 1,125,075. The firm has a 50 day moving average price of $1.62 and a two-hundred day moving average price of $1.86. Golden Heaven Group has a one year low of $1.06 and a one year high of $20.25.

Golden Heaven Group (NASDAQ:GDHG) last posted its quarterly earnings results on Tuesday, July 7th. The company reported ($0.45) earnings per share (EPS) for the quarter. The business had revenue of $2.11 million for the quarter.

Wall Street Analysts Forecast Growth

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