Short Interest in Golden Sun Health Technology Group Limited (NASDAQ:GSUN) Increases By 610.7%

Golden Sun Health Technology Group Limited (NASDAQ:GSUN) was the recipient of a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 556,938 shares, an increase of 610.7% from the February 26th total of 78,361 shares. Based on an average daily volume of 8,884,005 shares, the short-interest ratio is currently 0.1 days. Currently, 46.0% of the shares of the company are short sold. Currently, 46.0% of the shares of the company are short sold. Based on an average daily volume of 8,884,005 shares, the short-interest ratio is currently 0.1 days.

Golden Sun Health Technology Group Trading Up 7.1%

Shares of NASDAQ GSUN opened at $0.40 on Wednesday. The company has a current ratio of 1.20, a quick ratio of 1.19 and a debt-to-equity ratio of 0.34. Golden Sun Health Technology Group has a 1-year low of $0.31 and a 1-year high of $3.90. The business’s 50 day moving average is $0.99 and its 200-day moving average is $1.62.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Golden Sun Health Technology Group in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of “Sell”.

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.