Short Interest in Golden Sun Health Technology Group Limited (NASDAQ:GSUN) Expands By 981.9%

Golden Sun Health Technology Group Limited (NASDAQ:GSUN) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 1,295,835 shares, an increase of 981.9% from the July 15th total of 119,771 shares. Based on an average trading volume of 33,390,212 shares, the short-interest ratio is presently 0.0 days. Approximately 24.3% of the company’s shares are sold short.

Golden Sun Health Technology Group Stock Performance

Golden Sun Health Technology Group stock traded down $0.08 during midday trading on Wednesday, reaching $0.39. The stock had a trading volume of 641,669 shares, compared to its average volume of 4,527,882. The company has a fifty day moving average price of $0.40 and a two-hundred day moving average price of $0.60. Golden Sun Health Technology Group has a 12 month low of $0.17 and a 12 month high of $3.31.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Golden Sun Health Technology Group in a research note on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

Golden Sun Health Technology Group Company Profile

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.