Chanson International Holding (NASDAQ:CHSN) Short Interest Up 3,697.2% in August

Chanson International Holding (NASDAQ:CHSN) saw a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 130,853 shares, an increase of 3,697.2% from the July 30th total of 3,446 shares. Based on an average daily volume of 265,159 shares, the short-interest ratio is presently 0.5 days. Currently, 33.6% of the company’s stock are short sold.

Analyst Ratings Changes

A number of brokerages recently commented on CHSN. Wall Street Zen upgraded shares of Chanson International to a “hold” rating in a research note on Saturday, June 13th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Chanson International in a report on Tuesday, July 21st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

Chanson International Trading Up 0.9%

Shares of NASDAQ:CHSN traded up $0.01 during trading on Tuesday, hitting $1.11. 23,212 shares of the company were exchanged, compared to its average volume of 652,973. The firm’s 50 day moving average price is $1.09 and its 200-day moving average price is $94.65. Chanson International has a 12-month low of $0.92 and a 12-month high of $381.00. The company has a quick ratio of 0.75, a current ratio of 0.81 and a debt-to-equity ratio of 0.08.

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.