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

Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 38,923 shares, a growth of 180.0% from the August 31st total of 13,900 shares. Currently, 1.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,196,849 shares, the short-interest ratio is presently 0.0 days.

Golden Heaven Group Price Performance

GDHG stock remained flat at $1.17 during midday trading on Friday. The company’s stock had a trading volume of 301,312 shares, compared to its average volume of 644,706. Golden Heaven Group has a 1-year low of $1.06 and a 1-year high of $8.13. The business has a 50 day moving average price of $1.30 and a 200 day moving average price of $1.55.

Golden Heaven Group (NASDAQ:GDHG) last announced its quarterly earnings data on Wednesday, July 8th. The company reported ($0.45) earnings per share (EPS) for the quarter. The business had revenue of $2.11 million for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings cut Golden Heaven Group from a “sell (d)” rating to a “sell (e+)” rating in a report on Friday, July 17th. 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”.

About Golden Heaven Group

Golden Heaven Group Holdings Ltd. is an amusement park operator based in China and is listed on the Nasdaq under the symbol GDHG. Through its operating subsidiaries, the company develops and manages recreational attractions designed for families and other visitors.

Its business activities include operating amusement parks and providing related entertainment services. These offerings may include rides, attractions, water-based recreation, food and beverage services, and the sale of merchandise and other visitor amenities.

Golden Heaven Group serves customers in China through its portfolio of amusement and leisure facilities.