Chanson International Holding (NASDAQ:CHSN) Sees Large Increase in Short Interest

Chanson International Holding (NASDAQ:CHSN) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 16,076 shares, a growth of 82.8% from the May 31st total of 8,792 shares. Based on an average daily volume of 1,930,228 shares, the days-to-cover ratio is currently 0.0 days. Approximately 4.1% of the shares of the stock are sold short.

Analyst Ratings Changes

CHSN has been the subject of a number of analyst reports. Weiss Ratings upgraded Chanson International from a “sell (e+)” rating to a “sell (d)” rating in a research report on Friday, April 24th. Wall Street Zen upgraded Chanson International to a “hold” rating in a research report on Saturday, June 13th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of “Sell”.

Chanson International Trading Down 2.8%

Shares of CHSN stock opened at $1.03 on Thursday. 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 twelve month low of $0.95 and a twelve month high of $1,112.00. The company’s 50-day moving average price is $16.48 and its 200-day moving average price is $152.00.

About Chanson International

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.