Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) Short Interest Down 39.8% in May

Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) was the target of a large decline in short interest in May. As of May 15th, there was short interest totaling 1,862 shares, a decline of 39.8% from the April 30th total of 3,092 shares. Based on an average daily trading volume, of 12,215 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

Golden Heaven Group Stock Up 2.9%

NASDAQ:GDHG opened at $1.77 on Tuesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 25.01 and a current ratio of 25.01. The company’s 50-day moving average is $1.78 and its two-hundred day moving average is $2.32. Golden Heaven Group has a 12-month low of $1.41 and a 12-month high of $27.15.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Golden Heaven Group in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

About Golden Heaven Group

Golden Heaven Group Inc (NASDAQ:GDHG) is a China-based company specializing in the research, development, production and distribution of environmentally friendly agricultural and industrial chemical products. Its core business activities include the manufacturing of organic and bio-based agricultural inputs such as organic fertilizers, biopesticides and plant growth regulators designed to enhance soil health and crop yields. In addition, Golden Heaven offers water‐treatment chemicals and air‐quality control agents for industrial applications.

The company’s product portfolio features Bacillus‐based biopesticides, proprietary organic fertilizer blends containing beneficial microorganisms and enzymatic additives, and specialty agents for industrial boiler desulfurization and wastewater remediation.