Chanson International Holding (NASDAQ:CHSN) Short Interest Update

Chanson International Holding (NASDAQ:CHSN) was the target of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 130,853 shares, a growth of 3,697.2% from the July 30th total of 3,446 shares. Approximately 33.6% of the company’s shares are short sold. Based on an average daily volume of 265,159 shares, the short-interest ratio is currently 0.5 days.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Wall Street Zen raised Chanson International to a “hold” rating in a research report on Saturday, June 13th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Chanson International in a research note on Tuesday, July 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Chanson International presently has a consensus rating of “Sell”.

Chanson International Stock Down 1.8%

Shares of NASDAQ CHSN opened at $1.09 on Thursday. 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 business has a fifty day simple moving average of $1.08 and a two-hundred day simple moving average of $91.59. Chanson International has a twelve month low of $0.92 and a twelve month high of $381.00.

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.