Guangdong Investment Limited (OTCMKTS:GGDVY) Sees Large Growth in Short Interest

Guangdong Investment Limited (OTCMKTS:GGDVY – Get Rating) was the recipient of a significant increase in short interest in the month of April. As of April 30th, there was short interest totalling 900 shares, an increase of 125.0% from the April 15th total of 400 shares. Based on an average daily trading volume, of 900 shares, the short-interest ratio is currently 1.0 days.

GGDVY opened at $59.61 on Friday. The business’s 50-day moving average price is $66.15 and its 200-day moving average price is $66.14. 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, together with its subsidiaries, engages in water resources, property investment and development, department store, operation and management, energy project operation, road and bridge operation, and hotel businesses. Its Water Resources segment provides water distribution, sewage treatment, 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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