Guangdong Investment Limited (OTCMKTS:GGDVY – Get Free Report) was the recipient of a significant decline in short interest in September. As of September 15th, there was short interest totaling 68 shares, a decline of 70.3% from the August 31st total of 229 shares. Based on an average daily trading volume, of 457 shares, the short-interest ratio is presently 0.1 days.
Guangdong Investment Stock Performance
Shares of GGDVY stock remained flat at $57.00 during mid-day trading on Monday. The stock’s 50-day simple moving average is $52.67 and its two-hundred day simple moving average is $51.18. Guangdong Investment has a twelve month low of $42.50 and a twelve month high of $57.60.
About Guangdong Investment
Guangdong Investment Limited is a Hong Kong-based investment holding company whose principal activities are concentrated in water resources, property, infrastructure and related services. The company is listed in Hong Kong, and its American depositary securities trade over the counter in the United States under the symbol GGDVY.
Water resources are the company’s core business. Through its water operations, Guangdong Investment supplies raw water to Hong Kong through the Dongjiang-Shenzhen-Hong Kong water supply system and participates in water supply, wastewater treatment and related infrastructure projects in mainland China.
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