Golden Sun Health Technology Group Limited (NASDAQ:GSUN) Sees Significant Decrease in Short Interest

Golden Sun Health Technology Group Limited (NASDAQ:GSUN) saw a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 673,105 shares, a decrease of 48.1% from the July 30th total of 1,295,835 shares. Based on an average daily volume of 2,566,674 shares, the days-to-cover ratio is presently 0.3 days. Currently, 12.6% of the company’s shares are sold short.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Golden Sun Health Technology Group in a research report on Friday, July 17th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Golden Sun Health Technology Group Trading Down 20.2%

Shares of GSUN traded down $0.07 during mid-day trading on Friday, hitting $0.27. The company had a trading volume of 4,090,331 shares, compared to its average volume of 4,166,924. Golden Sun Health Technology Group has a 1-year low of $0.17 and a 1-year high of $3.31. The business’s 50-day simple moving average is $0.36 and its 200-day simple moving average is $0.53. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.02 and a quick ratio of 1.02.

Golden Sun Health Technology Group (NASDAQ:GSUN) last issued its quarterly earnings results on Thursday, August 20th. The company reported ($0.20) EPS for the quarter. The company had revenue of $10.78 million for the quarter.

Golden Sun Health Technology Group Company Profile

Golden Sun Health Technology Group, Inc (NASDAQ: GSUN) is a health and wellness company focused on the development, manufacturing and distribution of nutritional supplements, functional beverages, personal care and skincare products. The company designs its product portfolio to address the growing consumer demand for health-oriented solutions, drawing on botanical extracts and proprietary formulations to support overall well-being, beauty and vitality.

Operating primarily through vertically integrated production facilities, Golden Sun Health Technology Group oversees the research and development, quality control and packaging of its offerings.