Golden Sun Health Technology Group Limited (NASDAQ:GSUN) Short Interest Up 610.7% in March

Golden Sun Health Technology Group Limited (NASDAQ:GSUN) was the target of a large increase in short interest in March. As of March 13th, there was short interest totaling 556,938 shares, an increase of 610.7% from the February 26th total of 78,361 shares. Approximately 46.0% of the shares of the company are short sold. Based on an average trading volume of 8,884,005 shares, the short-interest ratio is presently 0.1 days.

Golden Sun Health Technology Group Price Performance

GSUN traded up $0.08 on Thursday, hitting $0.52. 1,051,177 shares of the company’s stock were exchanged, compared to its average volume of 1,753,242. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.20 and a quick ratio of 1.19. The stock has a fifty day moving average of $0.97 and a two-hundred day moving average of $1.61. Golden Sun Health Technology Group has a twelve month low of $0.31 and a twelve month high of $3.90.

Golden Sun Health Technology Group (NASDAQ:GSUN) last issued its earnings results on Thursday, February 12th. The company reported $0.32 EPS for the quarter. The company had revenue of $9.46 million during the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Golden Sun Health Technology Group in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

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.