Guangdong Investment Limited (OTCMKTS:GGDVY) Short Interest Update

Guangdong Investment Limited (OTCMKTS:GGDVY) was the recipient of a large increase in short interest in October. As of October 31st, there was short interest totalling 300 shares, an increase of 50.0% from the October 15th total of 200 shares. Based on an average daily volume of 800 shares, the days-to-cover ratio is currently 0.4 days.

Guangdong Investment Trading Up 6.1 %

GGDVY traded up $1.88 during trading on Friday, hitting $32.80. The company had a trading volume of 933 shares, compared to its average volume of 1,880. Guangdong Investment has a 1-year low of $21.10 and a 1-year high of $40.22. The business has a 50-day moving average of $31.43 and a 200-day moving average of $29.00.

Guangdong Investment Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, November 14th. Shareholders of record on Thursday, October 10th were paid a dividend of $1.487 per share. The ex-dividend date of this dividend was Thursday, October 10th. This is a boost from Guangdong Investment’s previous dividend of $0.74. Guangdong Investment’s dividend payout ratio is presently 30.15%.

Guangdong Investment Company Profile

Guangdong Investment Limited, an investment holding company, engages in water resources, property investment and development, department store operation, hotel ownership, energy project operation and management, and road and bridge operation businesses. The company's Water Resources segment provides water distribution, sewage treatment, water pipeline installation and consultancy services, constructs water supply and sewage treatment infrastructure, and sells machineries in Mainland China and Hong Kong.