Guangdong Investment Limited (OTCMKTS:GGDVY) Short Interest Up 50.0% in October

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

Guangdong Investment Trading Up 6.1 %

OTCMKTS GGDVY traded up $1.88 during trading hours on Friday, hitting $32.80. The company’s stock had a trading volume of 933 shares, compared to its average volume of 1,880. Guangdong Investment has a twelve month low of $21.10 and a twelve month high of $40.22. The stock has a fifty day moving average of $31.43 and a 200 day moving average of $29.00.

Guangdong Investment Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, November 14th. Shareholders of record on Thursday, October 10th were issued a dividend of $1.487 per share. 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%.

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.