Goldfield Corp (NYSEAMERICAN:GV) saw a significant increase in short interest in October. As of October 31st, there was short interest totalling 94,700 shares, an increase of 8.4% from the September 30th total of 87,400 shares. Based on an average trading volume of 55,300 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.4% of the shares of the company are short sold.
Shares of GV stock opened at $2.62 on Monday. Goldfield has a twelve month low of $1.97 and a twelve month high of $2.95.
A hedge fund recently raised its stake in Goldfield stock. Shufro Rose & Co. LLC raised its holdings in Goldfield Corp (NYSEAMERICAN:GV) by 4.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 222,753 shares of the company’s stock after purchasing an additional 9,000 shares during the period. Shufro Rose & Co. LLC owned about 0.91% of Goldfield worth $479,000 at the end of the most recent quarter.
The Goldfield Corporation, together with its subsidiaries, provides electrical infrastructure construction services primarily to electric utilities and industrial customers in Southeast and mid-Atlantic regions of the United States and Texas. It also offers electrical contracting services, including the construction of transmission lines, distribution systems, drilled pier foundations, substations, and other electrical services.
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