Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) Sees Significant Growth in Short Interest

Golden Heaven Group Holdings Ltd. (NASDAQ:GDHGGet Free Report) saw a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 97,700 shares, an increase of 106.1% from the February 28th total of 47,400 shares. Based on an average daily trading volume, of 1,020,000 shares, the short-interest ratio is currently 0.1 days. Approximately 14.5% of the shares of the company are short sold.

Hedge Funds Weigh In On Golden Heaven Group

An institutional investor recently bought a new position in Golden Heaven Group stock. Virtu Financial LLC acquired a new position in shares of Golden Heaven Group Holdings Ltd. (NASDAQ:GDHGFree Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 16,889 shares of the company’s stock, valued at approximately $39,000. Virtu Financial LLC owned 0.41% of Golden Heaven Group as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 0.62% of the company’s stock.

Golden Heaven Group Trading Up 8.9 %

Shares of GDHG stock traded up $0.39 during trading hours on Friday, reaching $4.75. 2,976,854 shares of the company’s stock were exchanged, compared to its average volume of 447,799. The business has a fifty day moving average price of $1.64 and a 200-day moving average price of $1.92. The company has a quick ratio of 10.41, a current ratio of 10.41 and a debt-to-equity ratio of 0.10. Golden Heaven Group has a fifty-two week low of $0.72 and a fifty-two week high of $24.25.

About Golden Heaven Group

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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.

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