Golden Sun Health Technology Group Limited (NASDAQ:GSUN) Shares Shorted: Short Interest Up 64.8% in October

Golden Sun Health Technology Group Limited (NASDAQ:GSUN) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 1,223,239 shares, a growth of 64.8% from the September 30th total of 742,284 shares. Currently, 22.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,690,773 shares, the short-interest ratio is currently 0.7 days.

Golden Sun Health Technology Group Stock Performance

Shares of GSUN stock traded up $0.00 during trading hours on Monday, hitting $0.17. 23,041 shares of the company’s stock were exchanged, compared to its average volume of 4,565,045. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.02 and a quick ratio of 1.02. The stock’s 50-day moving average is $0.23 and its 200-day moving average is $0.52. Golden Sun Health Technology Group has a 52 week low of $0.17 and a 52 week high of $2.33.

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

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Golden Sun Health Technology Group in a research report on Thursday, October 15th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

Golden Sun Health Technology Group Company Profile

Golden Sun Health Technology Group Limited is a China-based education services company. Through its operating subsidiaries, the company has provided academic tutoring and related educational services to primary and secondary school students, with activities focused primarily in Shanghai.

Its services have included K-12 after-school tutoring, foreign-language instruction, overseas study consulting and other education-related support. The company has also offered education technology and training services designed to supplement students’ formal schooling and assist families pursuing international education opportunities.

Golden Sun Health Technology Group was formerly known as Golden Sun Education Group Limited.