Chanson International Holding (NASDAQ:CHSN) Short Interest Down 85.6% in May

Chanson International Holding (NASDAQ:CHSN) saw a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 8,792 shares, a decrease of 85.6% from the May 14th total of 60,860 shares. Approximately 2.3% of the company’s stock are short sold. Based on an average daily trading volume, of 128,870 shares, the days-to-cover ratio is currently 0.1 days.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded Chanson International from a “sell (e+)” rating to a “sell (d)” rating in a research report on Friday, April 24th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

Chanson International Stock Performance

Shares of Chanson International stock opened at $1.20 on Friday. The firm has a fifty day moving average of $85.41 and a two-hundred day moving average of $175.20. The company has a current ratio of 0.81, a quick ratio of 0.75 and a debt-to-equity ratio of 0.08. Chanson International has a 52 week low of $0.95 and a 52 week high of $4,424.00.

Chanson International Company Profile

Chanson International, Inc is a Taiwan‐based designer, manufacturer and distributor of electronic massage and wellness products. The company focuses on developing advanced full-body massage chairs, handheld massagers, foot and eye massaging devices, and heat therapy systems. Chanson leverages proprietary technologies in vibration, air compression and thermal stimulation to deliver relaxation and support musculoskeletal health.

The company markets its products under the Chanson brand through a combination of retail showrooms, wellness centers, e-commerce platforms and direct sales networks.