Golden Sun Health Technology Group Limited (NASDAQ:GSUN) Sees Large Drop in Short Interest

Golden Sun Health Technology Group Limited (NASDAQ:GSUNGet Free Report) saw a large 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 short-interest ratio is presently 0.3 days. Currently, 12.6% of the company’s stock are sold short.

Golden Sun Health Technology Group Trading Up 7.4%

Shares of GSUN stock opened at $0.29 on Tuesday. The firm has a 50-day moving average of $0.36 and a 200-day moving average of $0.52. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.42. Golden Sun Health Technology Group has a one year low of $0.17 and a one year high of $3.31.

Golden Sun Health Technology Group (NASDAQ:GSUNGet Free Report) last released its quarterly earnings results on Thursday, August 20th. The company reported ($0.20) earnings per share for the quarter. The company had revenue of $10.78 million for the quarter.

Wall Street Analysts Forecast Growth

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

Read Our Latest Report on GSUN

Golden Sun Health Technology Group Company Profile

(Get Free Report)

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.

Further Reading

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