Golden Sun Health Technology Group Limited (NASDAQ:GSUN) Sees Significant Decline in Short Interest

Golden Sun Health Technology Group Limited (NASDAQ:GSUN) saw a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 673,105 shares, a decrease of 48.1% from the July 30th total of 1,295,835 shares. Currently, 12.6% of the company’s shares are sold short. Based on an average trading volume of 2,566,674 shares, the days-to-cover ratio is currently 0.3 days.

Golden Sun Health Technology Group Price Performance

GSUN traded down $0.07 during trading on Friday, hitting $0.27. 4,090,331 shares of the company’s stock were exchanged, compared to its average volume of 4,166,924. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.02 and a quick ratio of 1.02. Golden Sun Health Technology Group has a 1 year low of $0.17 and a 1 year high of $3.31. The stock has a 50 day moving average price of $0.36 and a 200 day moving average price of $0.53.

Golden Sun Health Technology Group (NASDAQ:GSUN) last issued its earnings results on Thursday, August 20th. The company reported ($0.20) EPS for the quarter. The firm had revenue of $10.78 million for the quarter.

Analyst Upgrades and Downgrades

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

Golden Sun Health Technology Group Company Profile

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.