Chanson International Holding (NASDAQ:CHSN) Short Interest Update

Chanson International Holding (NASDAQ:CHSN) was the target of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 60,860 shares, a decrease of 95.6% from the April 30th total of 1,390,587 shares. Currently, 15.6% of the company’s stock are sold short. Based on an average daily volume of 1,930,553 shares, the days-to-cover ratio is presently 0.0 days.

Chanson International Stock Performance

Shares of CHSN opened at $1.03 on Thursday. Chanson International has a one year low of $1.02 and a one year high of $5,360.00. The stock has a 50-day moving average price of $144.14 and a 200 day moving average price of $191.90. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.81 and a quick ratio of 0.75.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of Chanson International from a “sell (e+)” rating to a “sell (d)” rating in a report on Friday, April 24th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

About Chanson International

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.