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

Chanson International Holding (NASDAQ:CHSN) was the recipient of a significant decline in short interest in February. As of February 28th, there was short interest totalling 338,800 shares, a decline of 49.3% from the February 13th total of 668,300 shares. Approximately 9.3% of the shares of the company are short sold. Based on an average daily trading volume, of 2,090,000 shares, the short-interest ratio is presently 0.2 days.

Chanson International Trading Down 1.2 %

Shares of CHSN stock traded down $0.00 during mid-day trading on Friday, reaching $0.23. The company’s stock had a trading volume of 71,446 shares, compared to its average volume of 742,637. The firm’s 50-day moving average is $1.85 and its two-hundred day moving average is $4.96. Chanson International has a 1-year low of $0.18 and a 1-year high of $15.55.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Chanson International stock. Schonfeld Strategic Advisors LLC bought a new position in shares of Chanson International Holding (NASDAQ:CHSN) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 22,400 shares of the company’s stock, valued at approximately $114,000. Schonfeld Strategic Advisors LLC owned 0.33% of Chanson International at the end of the most recent reporting period. 2.83% of the stock is owned by institutional investors.

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.