Short Interest in Chanson International Holding (NASDAQ:CHSN) Increases 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 company’s shares are sold short. Based on an average daily trading volume, of 4,279,726 shares, the days-to-cover ratio is currently 0.0 days.

Chanson International Trading Down 3.4%

CHSN traded down $0.04 on Tuesday, reaching $1.16. 12,220 shares of the company’s stock were exchanged, compared to its average volume of 719,388. The company’s 50 day moving average is $1.14 and its 200-day moving average is $124.69. Chanson International has a twelve month low of $0.95 and a twelve month high of $980.00. The company has a quick ratio of 0.75, a current ratio of 0.81 and a debt-to-equity ratio of 0.08.

Analyst Upgrades and Downgrades

CHSN has been the topic of a number of recent analyst reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Chanson International in a research note on Tuesday, July 21st. Wall Street Zen upgraded 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 data from MarketBeat, Chanson International currently has an average rating of “Sell”.

Read Our Latest Report on Chanson International

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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