Guangdong Investment Limited (OTCMKTS:GGDVY) Short Interest Down 50.0% in January

Guangdong Investment Limited (OTCMKTS:GGDVY) was the recipient of a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 100 shares, a drop of 50.0% from the January 15th total of 200 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 1.0 days.

Guangdong Investment Stock Performance

Shares of GGDVY opened at $37.00 on Friday. The company’s fifty day moving average is $38.05 and its two-hundred day moving average is $32.64. Guangdong Investment has a fifty-two week low of $21.10 and a fifty-two week high of $41.70.

Guangdong Investment Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, February 28th. Shareholders of record on Monday, February 24th will be issued a $0.2056 dividend. The ex-dividend date is Friday, February 21st. This represents a dividend yield of 6.58%. Guangdong Investment’s dividend payout ratio (DPR) is presently 30.15%.

About Guangdong Investment

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.