Short Interest in Chanson International Holding (NASDAQ:CHSN) Grows By 1,232.7%

Chanson International Holding (NASDAQ:CHSN) saw a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 1,390,587 shares, an increase of 1,232.7% from the April 15th total of 104,340 shares. Based on an average daily trading volume, of 107,695,368 shares, the days-to-cover ratio is currently 0.0 days. Currently, 356.6% of the company’s shares are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of Chanson International from a “sell (e+)” rating to a “sell (d)” rating in a research note on Friday, April 24th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Chanson International has an average rating of “Sell”.

Chanson International Stock Up 13.3%

NASDAQ:CHSN traded up $0.18 during trading hours on Wednesday, hitting $1.53. The company had a trading volume of 479,900 shares, compared to its average volume of 1,600,945. The stock has a 50-day moving average price of $188.76 and a 200 day moving average price of $207.68. Chanson International has a 52 week low of $1.22 and a 52 week high of $5,360.00. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.75 and a current ratio of 0.81.

Chanson International Company Profile

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.