Chanson International Holding (NASDAQ:CHSN) Short Interest Up 437.7% in June

Chanson International Holding (NASDAQ:CHSN) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 65,600 shares, an increase of 437.7% from the May 31st total of 12,200 shares. Based on an average daily volume of 66,100 shares, the short-interest ratio is presently 1.0 days. Approximately 1.9% of the shares of the company are sold short.

Chanson International Stock Performance

Shares of CHSN traded up $0.05 during trading hours on Friday, reaching $2.92. The company had a trading volume of 23,422 shares, compared to its average volume of 142,567. The firm has a 50 day simple moving average of $2.12 and a 200-day simple moving average of $2.04. Chanson International has a 12-month low of $1.10 and a 12-month high of $18.65.

Chanson International Company Profile

Chanson International Holding manufactures and sells a range of bakery products, seasonal products, and beverage products for individual and corporate customers. It offers packaged bakery products, such as cakes, bread, sweets, and snacks; birthday cakes; made-in-store pastries; mooncakes and zongzi products; and other products, including sandwiches, salads, toasts, croissants, soups, and desserts, as well as beverages and juice products.