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

Guangdong Investment Limited (OTCMKTS:GGDVY) saw 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 daily volume of 800 shares, the short-interest ratio is currently 0.4 days.

Guangdong Investment Stock Performance

Shares of Guangdong Investment stock traded up $1.88 on Friday, reaching $32.80. 933 shares of the stock were exchanged, compared to its average volume of 1,880. Guangdong Investment has a one year low of $21.10 and a one year high of $40.22. The firm’s 50 day moving average is $31.43 and its 200-day moving average is $29.00.

Guangdong Investment Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, November 14th. Stockholders of record on Thursday, October 10th were issued a $1.487 dividend. The ex-dividend date was Thursday, October 10th. This is a boost from Guangdong Investment’s previous dividend of $0.74. Guangdong Investment’s dividend payout ratio is 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.