Short Interest in Golden Sun Health Technology Group Limited (NASDAQ:GSUN) Rises By 57.2%

Golden Sun Health Technology Group Limited (NASDAQ:GSUN) was the target of a significant growth in short interest in January. As of January 30th, there was short interest totaling 79,460 shares, a growth of 57.2% from the January 15th total of 50,544 shares. Based on an average daily volume of 118,722 shares, the short-interest ratio is currently 0.7 days. Approximately 6.6% of the company’s stock are sold short. Approximately 6.6% of the company’s stock are sold short. Based on an average daily volume of 118,722 shares, the short-interest ratio is currently 0.7 days.

Analysts Set New Price Targets

Several brokerages have issued reports on GSUN. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Golden Sun Health Technology Group in a report on Thursday, January 22nd. Wall Street Zen lowered shares of Golden Sun Health Technology Group to a “strong sell” rating in a research note on Saturday, November 22nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Golden Sun Health Technology Group presently has an average rating of “Sell”.

Golden Sun Health Technology Group Price Performance

Shares of GSUN stock traded up $0.05 during mid-day trading on Friday, hitting $1.15. The company had a trading volume of 56,785 shares, compared to its average volume of 131,087. The stock’s 50 day moving average price is $1.23 and its 200-day moving average price is $1.96. Golden Sun Health Technology Group has a 52-week low of $0.98 and a 52-week high of $5.25.

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.