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

Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) saw a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 47,400 shares, an increase of 22.2% from the February 13th total of 38,800 shares. Based on an average daily trading volume, of 254,800 shares, the short-interest ratio is currently 0.2 days. Currently, 7.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Golden Heaven Group stock. Virtu Financial LLC purchased a new stake in Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 16,889 shares of the company’s stock, valued at approximately $39,000. Virtu Financial LLC owned approximately 0.41% of Golden Heaven Group as of its most recent filing with the SEC. Institutional investors own 0.62% of the company’s stock.

Golden Heaven Group Trading Down 2.7 %

GDHG stock traded down $0.03 during mid-day trading on Tuesday, reaching $1.12. The company had a trading volume of 2,172,335 shares, compared to its average volume of 195,450. The firm has a 50 day moving average of $1.58 and a 200 day moving average of $1.77. Golden Heaven Group has a 12 month low of $0.72 and a 12 month high of $27.00. The company has a debt-to-equity ratio of 0.10, a current ratio of 10.41 and a quick ratio of 10.41.

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.