Short Interest in Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) Grows By 91.3%

Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) was the target of a large increase in short interest in June. As of June 15th, there was short interest totalling 1,680,000 shares, an increase of 91.3% from the May 31st total of 878,400 shares. Based on an average trading volume of 5,380,000 shares, the short-interest ratio is currently 0.3 days. Approximately 9.5% of the company’s stock are sold short.

Golden Heaven Group Price Performance

Shares of NASDAQ:GDHG traded down $0.01 during midday trading on Friday, hitting $0.15. 1,377,113 shares of the stock were exchanged, compared to its average volume of 11,335,051. The business’s fifty day simple moving average is $0.23 and its two-hundred day simple moving average is $0.45. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.01 and a quick ratio of 1.01. Golden Heaven Group has a 52-week low of $0.15 and a 52-week high of $24.99.

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.