Short Interest in Chanson International Holding (NASDAQ:CHSN) Rises By 262.3%

Chanson International Holding (NASDAQ:CHSNGet Free Report) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 60,995 shares, a growth of 262.3% from the June 30th total of 16,834 shares. Currently, 15.6% of the shares of the company are short sold. Based on an average daily volume of 4,279,726 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Weiss Ratings reissued a “sell (d)” rating on shares of Chanson International in a report on Tuesday. Wall Street Zen raised Chanson International to a “hold” rating in a report on Saturday, June 13th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

View Our Latest Stock Report on CHSN

Chanson International Trading Down 4.8%

Shares of NASDAQ:CHSN traded down $0.06 during trading on Friday, reaching $1.19. 74,038 shares of the company’s stock traded hands, compared to its average volume of 2,241,757. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.81 and a quick ratio of 0.75. Chanson International has a fifty-two week low of $0.95 and a fifty-two week high of $1,072.00. The company has a 50-day simple moving average of $1.14 and a 200-day simple moving average of $126.85.

Chanson International Company Profile

(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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