Short Interest in Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) Decreases By 42.8%

Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) saw a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 1,065 shares, a drop of 42.8% from the May 14th total of 1,862 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 8,586 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Golden Heaven Group in a research note on Tuesday, April 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of “Sell”.

Golden Heaven Group Stock Performance

Golden Heaven Group stock opened at $1.74 on Friday. The company’s 50 day simple moving average is $1.77 and its 200 day simple moving average is $2.15. Golden Heaven Group has a fifty-two week low of $1.41 and a fifty-two week high of $25.80. The company has a debt-to-equity ratio of 0.04, a current ratio of 25.01 and a quick ratio of 25.01.

About Golden Heaven Group

Golden Heaven Group Inc (NASDAQ:GDHG) is a China-based company specializing in the research, development, production and distribution of environmentally friendly agricultural and industrial chemical products. Its core business activities include the manufacturing of organic and bio-based agricultural inputs such as organic fertilizers, biopesticides and plant growth regulators designed to enhance soil health and crop yields. In addition, Golden Heaven offers water‐treatment chemicals and air‐quality control agents for industrial applications.

The company’s product portfolio features Bacillus‐based biopesticides, proprietary organic fertilizer blends containing beneficial microorganisms and enzymatic additives, and specialty agents for industrial boiler desulfurization and wastewater remediation.