Chanson International Holding (NASDAQ:CHSN) Short Interest Down 49.6% in March

Chanson International Holding (NASDAQ:CHSN) saw a significant decline in short interest during the month of March. As of March 31st, there was short interest totalling 63,100 shares, a decline of 49.6% from the March 15th total of 125,200 shares. Based on an average daily volume of 4,950,000 shares, the short-interest ratio is presently 0.0 days. Currently, 1.3% of the company’s stock are sold short.

Chanson International Stock Performance

Shares of CHSN stock traded up $0.03 during mid-day trading on Thursday, hitting $0.31. 255,144 shares of the stock traded hands, compared to its average volume of 1,535,156. The stock’s fifty day moving average is $0.29 and its two-hundred day moving average is $4.62. Chanson International has a 52-week low of $0.18 and a 52-week high of $15.55.

Hedge Funds Weigh In On Chanson International

An institutional investor recently bought a new position in Chanson International stock. Schonfeld Strategic Advisors LLC acquired a new stake in shares of Chanson International Holding (NASDAQ:CHSN) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 22,400 shares of the company’s stock, valued at approximately $114,000. Schonfeld Strategic Advisors LLC owned about 0.33% of Chanson International at the end of the most recent reporting period. Institutional investors and hedge funds own 2.83% of the company’s stock.

About Chanson International

Chanson International Holding manufactures and sells a range of bakery products, seasonal products, and beverage products for individual and corporate customers. It offers packaged bakery products, such as cakes, bread, sweets, and snacks; birthday cakes; made-in-store pastries; mooncakes and zongzi products; and other products, including sandwiches, salads, toasts, croissants, soups, and desserts, as well as beverages and juice products.