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

Chanson International Holding (NASDAQ:CHSN) was the target of a large increase in short interest during the month of 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 short-interest ratio is currently 1.7 days. Currently, 2.6% of the shares of the company are sold short.

Chanson International Price Performance

Shares of NASDAQ CHSN traded down $0.01 during trading hours on Friday, reaching $1.79. 15,359 shares of the stock were exchanged, compared to its average volume of 113,821. The stock’s fifty day simple moving average is $1.80 and its 200 day simple moving average is $1.92. Chanson International has a 52 week low of $1.10 and a 52 week high of $18.65.

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.