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

Guangdong Investment Limited (OTCMKTS:GGDVY) was the recipient of a significant increase in short interest in February. As of February 28th, there was short interest totalling 400 shares, an increase of 300.0% from the February 13th total of 100 shares. Based on an average trading volume of 300 shares, the short-interest ratio is currently 1.3 days.

Guangdong Investment Stock Performance

Shares of Guangdong Investment stock opened at $39.03 on Thursday. Guangdong Investment has a 12-month low of $21.10 and a 12-month high of $41.70. The business’s 50 day moving average is $38.36 and its 200-day moving average is $34.19.

Guangdong Investment Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 28th. Shareholders of record on Monday, February 24th were given a dividend of $0.2056 per share. This represents a yield of 6.58%. The ex-dividend date was Friday, February 21st. Guangdong Investment’s dividend payout ratio is currently 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.