Golden Sun Health Technology Group Limited (NASDAQ:GSUN) Short Interest Update

Golden Sun Health Technology Group Limited (NASDAQ:GSUN) saw a significant drop in short interest in August. As of August 14th, there was short interest totaling 673,105 shares, a drop of 48.1% from the July 30th total of 1,295,835 shares. Based on an average daily volume of 2,566,674 shares, the days-to-cover ratio is currently 0.3 days. Approximately 12.6% of the company’s stock are short sold.

Wall Street Analyst Weigh In

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

Golden Sun Health Technology Group Trading Up 7.4%

NASDAQ GSUN traded up $0.02 during trading on Monday, hitting $0.29. 26,573,921 shares of the company’s stock traded hands, compared to its average volume of 4,763,042. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.02 and a quick ratio of 1.02. Golden Sun Health Technology Group has a 12-month low of $0.17 and a 12-month high of $3.31. The business has a 50 day moving average of $0.36 and a 200-day moving average of $0.52.

Golden Sun Health Technology Group (NASDAQ:GSUN) last released its quarterly earnings data on Thursday, August 20th. The company reported ($0.20) EPS for the quarter. The company had revenue of $10.78 million for the quarter.

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.