Short Interest in Chanson International Holding (NASDAQ:CHSN) Expands By 216.0%

Chanson International Holding (NASDAQ:CHSN) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totalling 91,000 shares, an increase of 216.0% from the August 15th total of 28,800 shares. Based on an average daily trading volume, of 53,400 shares, the days-to-cover ratio is currently 1.7 days. Approximately 2.6% of the shares of the company are sold short.

Chanson International Trading Down 10.6 %

Shares of CHSN stock traded down $0.19 on Friday, hitting $1.61. The company’s stock had a trading volume of 111,784 shares, compared to its average volume of 114,366. Chanson International has a fifty-two week low of $1.10 and a fifty-two week high of $18.65. The stock’s 50 day moving average is $1.78 and its 200-day moving average is $1.92.

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.