Guangdong Investment Limited (OTCMKTS:GGDVY – Get Free Report) was the target of a large 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 volume of 457 shares, the short-interest ratio is currently 0.1 days.
Guangdong Investment Price Performance
OTCMKTS GGDVY opened at $57.00 on Friday. The business has a 50 day simple moving average of $52.67 and a 200 day simple moving average of $51.16. Guangdong Investment has a 52-week low of $42.50 and a 52-week high of $57.60.
Guangdong Investment Company Profile
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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