Chanson International Holding (NASDAQ:CHSN) Short Interest Down 94.4% in July

Chanson International Holding (NASDAQ:CHSN) was the target of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 3,446 shares, a decrease of 94.4% from the July 15th total of 60,995 shares. Based on an average daily trading volume, of 101,863 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.9% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on CHSN. Weiss Ratings reissued a “sell (d)” rating on shares of Chanson International in a research note on Tuesday, July 21st. Wall Street Zen raised shares of Chanson International to a “hold” rating in a research note on Saturday, June 13th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

Chanson International Stock Up 3.0%

NASDAQ:CHSN traded up $0.03 during trading hours on Tuesday, hitting $1.02. The company had a trading volume of 213,821 shares, compared to its average volume of 186,423. The company has a quick ratio of 0.75, a current ratio of 0.81 and a debt-to-equity ratio of 0.08. The company has a 50-day moving average of $1.11 and a 200 day moving average of $107.85. Chanson International has a 1 year low of $0.92 and a 1 year high of $736.00.

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.