Chanson International Holding (NASDAQ:CHSN) Short Interest Update

Chanson International Holding (NASDAQ:CHSN) was the target of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 60,860 shares, a decrease of 95.6% from the April 30th total of 1,390,587 shares. Currently, 15.6% of the company’s stock are short sold. Based on an average daily volume of 1,930,553 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analyst Weigh In

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

Chanson International Trading Up 2.9%

Shares of NASDAQ:CHSN traded up $0.03 on Friday, hitting $1.07. 74,268 shares of the company traded hands, compared to its average volume of 1,115,972. Chanson International has a 52 week low of $0.99 and a 52 week high of $5,360.00. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.81 and a quick ratio of 0.75. The stock has a 50 day simple moving average of $133.62 and a 200-day simple moving average of $189.01.

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.