Guangdong Investment Limited (OTCMKTS:GGDVY) Sees Significant Growth in Short Interest

Guangdong Investment Limited (OTCMKTS:GGDVY) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 92 shares. Based on an average daily trading volume, of 90 shares, the short-interest ratio is presently 1.0 days.

Guangdong Investment Trading Down 9.7%

OTCMKTS:GGDVY traded down $5.54 during mid-day trading on Friday, hitting $51.48. 391 shares of the company’s stock traded hands, compared to its average volume of 1,083. Guangdong Investment has a twelve month low of $42.50 and a twelve month high of $57.64. The company has a fifty day moving average of $55.34 and a 200 day moving average of $50.95.

Guangdong Investment Company Profile

Guangdong Investment Limited is an investment holding company based in Guangdong, China. Through its subsidiaries and affiliated businesses, the company is primarily engaged in water resources, property investment and development, energy, and department store operations.

Water resources is a core business, with activities that include the supply and distribution of water and related water-management services in mainland China, particularly in Guangdong Province and other regions. The company also invests in and develops commercial, residential, and other properties, while its property investment activities generate rental income from commercial and office assets.

Guangdong Investment has also participated in energy-related projects and operates department store businesses in China.