Short Interest in Chanson International Holding (NASDAQ:CHSN) Drops By 44.0%

Chanson International Holding (NASDAQ:CHSN) was the target of a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 706,100 shares, a drop of 44.0% from the October 15th total of 1,260,000 shares. Based on an average daily volume of 529,000 shares, the short-interest ratio is presently 1.3 days. Currently, 17.5% of the company’s stock are sold short.

Chanson International Stock Performance

Shares of NASDAQ CHSN traded down $0.11 during midday trading on Thursday, hitting $6.08. 101,425 shares of the company’s stock were exchanged, compared to its average volume of 255,293. Chanson International has a twelve month low of $1.10 and a twelve month high of $18.65. The stock’s 50 day moving average price is $7.27 and its 200-day moving average price is $3.86.

Chanson International Company Profile

Chanson International Holding manufactures and sells a range of bakery products, seasonal products, and beverage products for individual and corporate customers. It offers packaged bakery products, such as cakes, bread, sweets, and snacks; birthday cakes; made-in-store pastries; mooncakes and zongzi products; and other products, including sandwiches, salads, toasts, croissants, soups, and desserts, as well as beverages and juice products.