Chanson International Holding (NASDAQ:CHSN) Sees Significant Drop in Short Interest

Chanson International Holding (NASDAQ:CHSN) was the target of a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 393,100 shares, a drop of 10.1% from the December 15th total of 437,500 shares. Based on an average daily volume of 351,300 shares, the short-interest ratio is currently 1.1 days. Approximately 10.8% of the company’s stock are short sold.

Chanson International Trading Up 2.3 %

Shares of NASDAQ:CHSN traded up $0.13 during trading hours on Friday, hitting $5.85. The company’s stock had a trading volume of 1,078,227 shares, compared to its average volume of 353,145. The firm’s fifty day moving average price is $6.44 and its 200 day moving average price is $5.26. Chanson International has a 52 week low of $1.10 and a 52 week high of $15.55.

About Chanson International

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.