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

Golden Sun Health Technology Group Limited (NASDAQ:GSUN) saw a significant drop in short interest in July. As of July 15th, there was short interest totaling 119,771 shares, a drop of 48.7% from the June 30th total of 233,539 shares. Based on an average daily volume of 12,954,028 shares, the short-interest ratio is currently 0.0 days. Currently, 2.2% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Golden Sun Health Technology Group in a research report on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Golden Sun Health Technology Group Price Performance

NASDAQ:GSUN traded up $0.14 on Wednesday, reaching $0.33. 148,218,750 shares of the company’s stock were exchanged, compared to its average volume of 4,383,285. Golden Sun Health Technology Group has a 52 week low of $0.17 and a 52 week high of $3.31. The stock has a fifty day simple moving average of $0.38 and a 200-day simple moving average of $0.66.

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.