Guangdong Investment Limited (OTCMKTS:GGDVY) Short Interest Down 50.0% in May
Guangdong Investment Limited (OTCMKTS:GGDVY – Get Rating) saw a large decline in short interest in the month of May. As of May 31st, there was short interest totalling 100 shares, a decline of 50.0% from the May 15th total of 200 shares. Based on an average trading volume of 700 shares, the days-to-cover ratio is currently 0.1 days.
Shares of OTCMKTS:GGDVY opened at $60.82 on Friday. The stock has a 50 day moving average of $63.70 and a 200 day moving average of $65.74. Guangdong Investment has a 12-month low of $59.61 and a 12-month high of $77.35.
About Guangdong Investment (Get Rating)
Guangdong Investment Limited, an investment holding company, engages in water resources, property investment and development, department store operation, energy project operation, road and bridge operation, and hotel businesses. Its Water Resources segment provides water distribution, sewage treatment, infrastructure and water pipeline installation services, as well as constructs water supply and sewage treatment infrastructure in Mainland China and Hong Kong.
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