Chanson International Holding (NASDAQ:CHSN) Short Interest Up 437.7% in June

Chanson International Holding (NASDAQ:CHSN) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 65,600 shares, an increase of 437.7% from the May 31st total of 12,200 shares. Based on an average daily trading volume, of 66,100 shares, the days-to-cover ratio is presently 1.0 days. Currently, 1.9% of the company’s stock are short sold.

Chanson International Stock Up 1.7 %

Chanson International stock traded up $0.05 during midday trading on Friday, reaching $2.92. The stock had a trading volume of 23,422 shares, compared to its average volume of 142,567. The firm’s fifty day simple moving average is $2.12 and its 200-day simple moving average is $2.04. Chanson International has a 1-year low of $1.10 and a 1-year high of $18.65.

Chanson International Company Profile

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.