Golden Sun Health Technology Group Limited (NASDAQ:GSUN) Sees Significant Decline in Short Interest

Golden Sun Health Technology Group Limited (NASDAQ:GSUN) saw a significant drop in short interest in the month of February. As of February 27th, there was short interest totaling 78,361 shares, a drop of 17.4% from the February 12th total of 94,848 shares. Currently, 6.5% of the shares of the company are short sold. Based on an average daily volume of 43,100 shares, the short-interest ratio is presently 1.8 days. Based on an average daily volume of 43,100 shares, the short-interest ratio is presently 1.8 days. Currently, 6.5% of the shares of the company are short sold.

Wall Street Analyst Weigh In

Several equities analysts recently commented on GSUN shares. Weiss Ratings restated a “sell (e+)” rating on shares of Golden Sun Health Technology Group in a research note on Thursday, January 22nd. Wall Street Zen lowered Golden Sun Health Technology Group to a “strong sell” rating in a research note on Saturday, November 22nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Golden Sun Health Technology Group Stock Performance

Golden Sun Health Technology Group stock opened at $0.34 on Wednesday. The company has a current ratio of 1.20, a quick ratio of 1.19 and a debt-to-equity ratio of 0.34. Golden Sun Health Technology Group has a 12-month low of $0.33 and a 12-month high of $3.90. The business’s 50-day moving average price is $1.09 and its two-hundred day moving average price is $1.70.

About Golden Sun Health Technology Group

Golden Sun Health Technology Group, Inc (NASDAQ: GSUN) is a health and wellness company focused on the development, manufacturing and distribution of nutritional supplements, functional beverages, personal care and skincare products. The company designs its product portfolio to address the growing consumer demand for health-oriented solutions, drawing on botanical extracts and proprietary formulations to support overall well-being, beauty and vitality.

Operating primarily through vertically integrated production facilities, Golden Sun Health Technology Group oversees the research and development, quality control and packaging of its offerings.