Short Interest in Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) Drops By 70.0%

Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) was the recipient of a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 38,800 shares, a drop of 70.0% from the January 31st total of 129,500 shares. Based on an average daily volume of 221,900 shares, the short-interest ratio is currently 0.2 days. Currently, 1.0% of the shares of the stock are sold short.

Golden Heaven Group Stock Down 3.0 %

GDHG stock traded down $0.03 during trading on Friday, hitting $0.97. 72,047 shares of the stock traded hands, compared to its average volume of 238,681. Golden Heaven Group has a one year low of $0.90 and a one year high of $27.50. The company has a 50 day simple moving average of $1.90 and a 200 day simple moving average of $1.67. The company has a current ratio of 10.41, a quick ratio of 10.41 and a debt-to-equity ratio of 0.10.

Hedge Funds Weigh In On Golden Heaven Group

A hedge fund recently bought a new stake in Golden Heaven Group stock. Virtu Financial LLC acquired a new stake in Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 16,889 shares of the company’s stock, valued at approximately $39,000. Virtu Financial LLC owned approximately 0.41% of Golden Heaven Group at the end of the most recent quarter. Institutional investors and hedge funds own 0.62% of the company’s stock.

About Golden Heaven Group

Golden Heaven Group Holdings Ltd., together with its subsidiaries, engages in the management and operation of urban amusement parks, water parks, and complementary recreational facilities in China. Its parks offer a range of recreational experiences, including thrilling and family-friendly rides, water attractions, gourmet festivals, circus performances, and high-tech facilities.