Guangdong Investment Limited (OTCMKTS:GGDVY) Short Interest Down 50.0% in January

Guangdong Investment Limited (OTCMKTS:GGDVY) was the target of a large decrease in short interest in January. As of January 31st, there was short interest totalling 100 shares, a decrease of 50.0% from the January 15th total of 200 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 1.0 days.

Guangdong Investment Stock Performance

GGDVY stock remained flat at $37.00 during mid-day trading on Friday. 92 shares of the company’s stock traded hands, compared to its average volume of 200. Guangdong Investment has a 52-week low of $21.10 and a 52-week high of $41.70. The business has a fifty day simple moving average of $38.05 and a 200 day simple moving average of $32.64.

Guangdong Investment Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, February 28th. Investors of record on Monday, February 24th will be given a $0.2056 dividend. The ex-dividend date is Friday, February 21st. This represents a yield of 6.58%. Guangdong Investment’s dividend payout ratio is currently 30.15%.

Guangdong Investment Company Profile

Guangdong Investment Limited, an investment holding company, engages in water resources, property investment and development, department store operation, hotel ownership, energy project operation and management, and road and bridge operation businesses. The company's Water Resources segment provides water distribution, sewage treatment, water pipeline installation and consultancy services, constructs water supply and sewage treatment infrastructure, and sells machineries in Mainland China and Hong Kong.