Golden Sun Health Technology Group Limited (NASDAQ:GSUN) Sees Significant Increase in Short Interest

Golden Sun Health Technology Group Limited (NASDAQ:GSUN) was the recipient of a large increase in short interest in February. As of February 13th, there was short interest totaling 94,848 shares, an increase of 19.4% from the January 29th total of 79,460 shares. Approximately 7.8% of the shares of the company are short sold. Based on an average daily volume of 152,608 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily volume of 152,608 shares, the days-to-cover ratio is currently 0.6 days. Approximately 7.8% of the shares of the company are short sold.

Golden Sun Health Technology Group Stock Performance

Shares of NASDAQ GSUN traded up $0.04 during midday trading on Wednesday, hitting $0.97. The stock had a trading volume of 2,835 shares, compared to its average volume of 113,698. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.19 and a current ratio of 1.20. The stock has a 50 day simple moving average of $1.19 and a 200-day simple moving average of $1.86. Golden Sun Health Technology Group has a 1 year low of $0.76 and a 1 year high of $3.90.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Weiss Ratings restated a “sell (e+)” rating on shares of Golden Sun Health Technology Group in a research report on Thursday, January 22nd. Wall Street Zen cut Golden Sun Health Technology Group to a “strong sell” rating in a report on Saturday, November 22nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

About Golden Sun Health Technology Group

Golden Sun Health Technology Group, Inc (NASDAQ: GSUN) is a health and wellness company focused on the development, manufacturing and distribution of nutritional supplements, functional beverages, personal care and skincare products. The company designs its product portfolio to address the growing consumer demand for health-oriented solutions, drawing on botanical extracts and proprietary formulations to support overall well-being, beauty and vitality.

Operating primarily through vertically integrated production facilities, Golden Sun Health Technology Group oversees the research and development, quality control and packaging of its offerings.