Short Interest in Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) Drops By 62.7%

Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) was the target of a significant drop in short interest during the month of June. As of June 30th, there was short interest totalling 626,500 shares, a drop of 62.7% from the June 15th total of 1,680,000 shares. Based on an average daily volume of 6,890,000 shares, the short-interest ratio is presently 0.1 days. Currently, 3.6% of the company’s stock are sold short.

Golden Heaven Group Stock Performance

Shares of GDHG stock remained flat at $0.18 during trading hours on Friday. 1,479,384 shares of the stock traded hands, compared to its average volume of 4,377,412. Golden Heaven Group has a twelve month low of $0.15 and a twelve month high of $24.99. The firm has a 50 day moving average price of $0.21 and a 200-day moving average price of $0.39.

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.