Guangdong Investment Limited (OTCMKTS:GGDVY) Short Interest Up 50.0% in October

Guangdong Investment Limited (OTCMKTS:GGDVY) was the target of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 300 shares, a growth of 50.0% from the October 15th total of 200 shares. Based on an average trading volume of 800 shares, the days-to-cover ratio is presently 0.4 days.

Guangdong Investment Stock Up 6.1 %

Shares of OTCMKTS:GGDVY traded up $1.88 on Friday, hitting $32.80. The stock had a trading volume of 933 shares, compared to its average volume of 1,880. The firm’s 50 day moving average price is $31.43 and its 200-day moving average price is $29.00. Guangdong Investment has a twelve month low of $21.10 and a twelve month high of $40.22.

Guangdong Investment Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, November 14th. Investors of record on Thursday, October 10th were given a $1.487 dividend. The ex-dividend date of this dividend was Thursday, October 10th. This is a boost from Guangdong Investment’s previous dividend of $0.74. Guangdong Investment’s dividend payout ratio (DPR) is presently 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.