Golden Sun Health Technology Group Limited (NASDAQ:GSUN) Short Interest Down 48.7% in July

Golden Sun Health Technology Group Limited (NASDAQ:GSUN) saw a large decline in short interest in July. As of July 15th, there was short interest totaling 119,771 shares, a decline of 48.7% from the June 30th total of 233,539 shares. Based on an average daily trading volume, of 12,954,028 shares, the short-interest ratio is currently 0.0 days. Currently, 2.2% of the shares of the stock are short sold.

Golden Sun Health Technology Group Stock Up 70.3%

Shares of NASDAQ GSUN traded up $0.14 during midday trading on Wednesday, reaching $0.33. The stock had a trading volume of 148,218,750 shares, compared to its average volume of 4,383,285. The company’s 50 day moving average price is $0.38 and its 200 day moving average price is $0.66. Golden Sun Health Technology Group has a twelve month low of $0.17 and a twelve month high of $3.31.

Analysts Set New Price Targets

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

About Golden Sun Health Technology Group

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.