Short Interest in Chanson International Holding (NASDAQ:CHSN) Drops By 94.4%

by · The Cerbat Gem

Chanson International Holding (NASDAQ:CHSN – Get Free Report) was the target of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 3,446 shares, a decrease of 94.4% from the July 15th total of 60,995 shares. Approximately 0.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 101,863 shares, the days-to-cover ratio is currently 0.0 days.

Chanson International Price Performance

CHSN stock traded up $0.03 during trading on Tuesday, hitting $1.02. The stock had a trading volume of 213,821 shares, compared to its average volume of 186,423. Chanson International has a twelve month low of $0.92 and a twelve month high of $736.00. The company’s 50-day moving average price is $1.11 and its two-hundred day moving average price is $107.85. The company has a current ratio of 0.81, a quick ratio of 0.75 and a debt-to-equity ratio of 0.08.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on CHSN shares. Wall Street Zen raised shares of Chanson International to a “hold” rating in a research note on Saturday, June 13th. Weiss Ratings restated a “sell (d)” rating on shares of Chanson International in a research report on Tuesday, July 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

View Our Latest Stock Report on Chanson International

About Chanson International

(Get Free Report)

Chanson International, Inc is a Taiwan‐based designer, manufacturer and distributor of electronic massage and wellness products. The company focuses on developing advanced full-body massage chairs, handheld massagers, foot and eye massaging devices, and heat therapy systems. Chanson leverages proprietary technologies in vibration, air compression and thermal stimulation to deliver relaxation and support musculoskeletal health.

The company markets its products under the Chanson brand through a combination of retail showrooms, wellness centers, e-commerce platforms and direct sales networks.

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