Chanson International Holding (NASDAQ:CHSN) Stock Short Interest Jumps 144.7%

Chanson International Holding (NASDAQ:CHSN) saw a large growth in short interest in October. As of October 30th, there was short interest totaling 176,033 shares, a growth of 144.7% from the October 15th total of 71,938 shares. Currently, 45.1% of the shares of the company are sold short. Based on an average daily volume of 6,950,600 shares, the short-interest ratio is currently 0.0 days.

Chanson International Trading Down 6.1%

Shares of NASDAQ:CHSN traded down $0.04 during trading on Friday, hitting $0.56. The stock had a trading volume of 665,643 shares, compared to its average volume of 14,337,328. Chanson International has a 12-month low of $0.52 and a 12-month high of $331.00. The company has a current ratio of 1.37, a quick ratio of 1.33 and a debt-to-equity ratio of 0.03. The stock has a 50-day simple moving average of $1.25 and a two-hundred day simple moving average of $71.65.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Chanson International in a research note on Monday, October 19th. One investment analyst has rated the stock with a Sell rating. According to MarketBeat.com, the stock currently has an average rating of “Sell”.

About Chanson International

Chanson International Holding is a China-based food and beverage company that operates bakery, café and restaurant businesses under the Chanson brand. The company is focused primarily on serving customers in the Xinjiang Uygur Autonomous Region of China. Its product offerings include freshly baked breads, pastries, cakes and other baked goods, as well as coffee, tea, juice and other beverages. Chanson also offers prepared food and related café and restaurant items, with products sold through its physical stores and other sales channels.