Chanson International Holding (NASDAQ:CHSN) Short Interest Down 95.6% in May

Chanson International Holding (NASDAQ:CHSN) saw a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 60,860 shares, a drop of 95.6% from the April 30th total of 1,390,587 shares. Currently, 15.6% of the shares of the company are sold short. Based on an average trading volume of 1,930,553 shares, the days-to-cover ratio is currently 0.0 days.

Chanson International Price Performance

Shares of CHSN traded down $0.15 on Wednesday, reaching $1.05. 160,784 shares of the company’s stock traded hands, compared to its average volume of 1,366,769. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.75 and a current ratio of 0.81. The stock’s 50 day simple moving average is $149.22 and its two-hundred day simple moving average is $193.45. Chanson International has a 52-week low of $1.04 and a 52-week high of $5,360.00.

Analyst Upgrades and Downgrades

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

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.