Guangdong Investment Limited (OTCMKTS:GGDVY) Short Interest Update

Guangdong Investment Limited (OTCMKTS:GGDVY) was the target of a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 300 shares, a decrease of 25.0% from the March 15th total of 400 shares. Based on an average trading volume of 200 shares, the short-interest ratio is presently 1.5 days.

Guangdong Investment Price Performance

Shares of GGDVY stock remained flat at $39.03 during trading hours on Friday. 38 shares of the stock were exchanged, compared to its average volume of 222. The business has a 50 day moving average of $38.18 and a two-hundred day moving average of $36.25. Guangdong Investment has a 52-week low of $21.10 and a 52-week high of $41.70.

Guangdong Investment Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 28th. Investors of record on Monday, February 24th were issued a $0.2056 dividend. This represents a dividend yield of 6.58%. The ex-dividend date was Friday, February 21st. Guangdong Investment’s payout ratio is currently 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.