Short Interest in Goldfield Corp (NYSEAMERICAN:GV) Rises By 8.4%

Goldfield Corp (NYSEAMERICAN:GV) was the target of a large increase in short interest in October. As of October 31st, there was short interest totalling 94,700 shares, an increase of 8.4% from the September 30th total of 87,400 shares. Based on an average trading volume of 55,300 shares, the short-interest ratio is currently 1.7 days. Approximately 0.4% of the company’s stock are sold short.

An institutional investor recently raised its position in Goldfield stock. Shufro Rose & Co. LLC boosted its position in shares of Goldfield Corp (NYSEAMERICAN:GV) by 4.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 222,753 shares of the company’s stock after acquiring an additional 9,000 shares during the period. Shufro Rose & Co. LLC owned 0.91% of Goldfield worth $479,000 at the end of the most recent quarter.

Shares of NYSEAMERICAN:GV opened at $2.62 on Friday. Goldfield has a 1 year low of $1.97 and a 1 year high of $2.95.

Goldfield Company Profile

The Goldfield Corporation, together with its subsidiaries, provides electrical infrastructure construction services primarily to electric utilities and industrial customers in Southeast and mid-Atlantic regions of the United States and Texas. It also offers electrical contracting services, including the construction of transmission lines, distribution systems, drilled pier foundations, substations, and other electrical services.

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