Golden Sun Health Technology Group Limited (NASDAQ:GSUN) Sees Large Growth in Short Interest

Golden Sun Health Technology Group Limited (NASDAQ:GSUN) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 1,295,835 shares, an increase of 981.9% from the July 15th total of 119,771 shares. Based on an average daily volume of 33,390,212 shares, the days-to-cover ratio is presently 0.0 days. Currently, 24.3% of the company’s shares are sold short.

Golden Sun Health Technology Group Trading Down 7.8%

Shares of GSUN stock traded down $0.04 during trading hours on Tuesday, hitting $0.47. 347,305 shares of the company were exchanged, compared to its average volume of 20,756,498. Golden Sun Health Technology Group has a 1 year low of $0.17 and a 1 year high of $3.31. The firm has a fifty day moving average of $0.40 and a 200 day moving average of $0.60.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Golden Sun Health Technology Group in a research report on Friday, July 17th. One analyst has rated the stock with a Sell rating, According to MarketBeat, Golden Sun Health Technology Group presently has a consensus 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.