Guangdong Investment Limited (OTCMKTS:GGDVY) Short Interest Down 33.3% in September

Guangdong Investment Limited (OTCMKTS:GGDVY) was the target of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totalling 200 shares, a decrease of 33.3% from the September 15th total of 300 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is currently 0.5 days.

Guangdong Investment Price Performance

Shares of GGDVY stock traded down $0.65 during mid-day trading on Monday, hitting $33.25. The company had a trading volume of 100 shares, compared to its average volume of 2,200. Guangdong Investment has a 52-week low of $21.10 and a 52-week high of $40.22. The stock’s 50 day moving average price is $28.47 and its 200-day moving average price is $27.45.

Guangdong Investment Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, November 14th. Stockholders of record on Thursday, October 10th will be issued a $1.487 dividend. The ex-dividend date of this dividend is Thursday, October 10th. This is an increase from Guangdong Investment’s previous dividend of $0.74. Guangdong Investment’s payout ratio is 30.15%.

Guangdong Investment Company Profile

Guangdong Investment Limited, an investment holding company, engages in water resources, property investment and development, department store operation, hotel ownership, energy project operation and management, and road and bridge operation businesses. The company's Water Resources segment provides water distribution, sewage treatment, water pipeline installation and consultancy services, constructs water supply and sewage treatment infrastructure, and sells machineries in Mainland China and Hong Kong.