Chanson International Holding (NASDAQ:CHSN) Short Interest Up 262.3% in July

Chanson International Holding (NASDAQ:CHSN) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 60,995 shares, an increase of 262.3% from the June 30th total of 16,834 shares. Approximately 15.6% of the company’s stock are sold short. Based on an average daily volume of 4,279,726 shares, the short-interest ratio is currently 0.0 days.

Chanson International Stock Performance

CHSN stock traded up $0.01 during midday trading on Monday, hitting $1.20. The company’s stock had a trading volume of 32,092 shares, compared to its average volume of 724,379. The company has a quick ratio of 0.75, a current ratio of 0.81 and a debt-to-equity ratio of 0.08. The stock’s 50-day moving average price is $1.14 and its 200 day moving average price is $126.17. Chanson International has a 1 year low of $0.95 and a 1 year high of $1,072.00.

Analysts Set New Price Targets

CHSN has been the topic of several analyst reports. Weiss Ratings restated a “sell (d)” rating on shares of Chanson International in a report on Tuesday, July 21st. Wall Street Zen upgraded shares of Chanson International to a “hold” rating in a research note on Saturday, June 13th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

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.