Guangdong Investment Limited (OTCMKTS:GGDVY – Get Rating) saw a significant growth in short interest in July. As of July 15th, there was short interest totalling 500 shares, a growth of 400.0% from the June 30th total of 100 shares. Based on an average daily volume of 1,600 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. downgraded Guangdong Investment from an "overweight" rating to a "neutral" rating in a research report on Tuesday, June 21st.

Guangdong Investment Trading Down 0.8 %

Shares of GGDVY stock opened at $48.32 on Friday. The business's 50 day moving average is $56.22 and its two-hundred day moving average is $63.11. Guangdong Investment has a 12-month low of $48.32 and a 12-month high of $75.10.

Guangdong Investment Cuts Dividend

Guangdong Investment Company Profile

(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.

Further Reading

• Get a free copy of the StockNews.com research report on Guangdong Investment (GGDVY)
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