Chanson International Holding (NASDAQ:CHSN) Short Interest Up 1,232.7% in April

Chanson International Holding (NASDAQ:CHSN) was the target of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 1,390,587 shares, a growth of 1,232.7% from the April 15th total of 104,340 shares. Currently, 356.6% of the company’s shares are short sold. Based on an average daily volume of 107,695,368 shares, the days-to-cover ratio is presently 0.0 days.

Chanson International Stock Down 3.4%

Shares of Chanson International stock opened at $1.43 on Tuesday. The company has a current ratio of 0.81, a quick ratio of 0.75 and a debt-to-equity ratio of 0.08. The business has a 50-day moving average price of $196.63 and a two-hundred day moving average price of $210.92. Chanson International has a 1-year low of $1.35 and a 1-year high of $7,040.00.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of Chanson International from a “sell (e+)” rating to a “sell (d)” rating in a research report on Friday, April 24th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

Chanson International Company Profile

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.