Short Interest in Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) Drops By 70.0%

Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) was the recipient of a large drop in short interest in February. As of February 15th, there was short interest totalling 38,800 shares, a drop of 70.0% from the January 31st total of 129,500 shares. Currently, 1.0% of the shares of the stock are short sold. Based on an average trading volume of 221,900 shares, the days-to-cover ratio is presently 0.2 days.

Golden Heaven Group Trading Down 3.0 %

GDHG traded down $0.03 during midday trading on Friday, hitting $0.97. The company had a trading volume of 72,047 shares, compared to its average volume of 238,681. The company has a current ratio of 10.41, a quick ratio of 10.41 and a debt-to-equity ratio of 0.10. Golden Heaven Group has a twelve month low of $0.90 and a twelve month high of $27.50. The firm’s 50-day simple moving average is $1.90 and its 200-day simple moving average is $1.67.

Institutional Investors Weigh In On Golden Heaven Group

A hedge fund recently bought a new stake in Golden Heaven Group stock. Virtu Financial LLC purchased a new position in shares of Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 16,889 shares of the company’s stock, valued at approximately $39,000. Virtu Financial LLC owned about 0.41% of Golden Heaven Group at the end of the most recent reporting period. Hedge funds and other institutional investors own 0.62% of the company’s stock.

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.