Short Interest in Chanson International Holding (NASDAQ:CHSN) Rises By 85.3%

Chanson International Holding (NASDAQ:CHSN) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totalling 51,500 shares, an increase of 85.3% from the June 30th total of 27,800 shares. Based on an average daily volume of 56,100 shares, the days-to-cover ratio is currently 0.9 days. Currently, 1.5% of the shares of the stock are short sold.

Chanson International Stock Down 5.6 %

Shares of CHSN stock traded down $0.11 on Friday, hitting $1.85. 47,413 shares of the stock traded hands, compared to its average volume of 45,170. The firm has a 50 day simple moving average of $2.26 and a two-hundred day simple moving average of $1.87. Chanson International has a 52 week low of $1.10 and a 52 week 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.