Chanson International Holding (NASDAQ:CHSN) Short Interest Down 63.0% in March

Chanson International Holding (NASDAQ:CHSN) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 125,200 shares, a decrease of 63.0% from the February 28th total of 338,800 shares. Based on an average daily trading volume, of 2,110,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 3.4% of the company’s stock are short sold.

Institutional Trading of Chanson International

An institutional investor recently bought a new position in Chanson International stock. Schonfeld Strategic Advisors LLC bought a new position in shares of Chanson International Holding (NASDAQ:CHSN) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 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 quarter. 2.83% of the stock is currently owned by hedge funds and other institutional investors.

Chanson International Trading Down 9.5 %

Shares of NASDAQ:CHSN traded down $0.03 on Friday, hitting $0.24. 390,075 shares of the company’s stock were exchanged, compared to its average volume of 759,258. Chanson International has a 1-year low of $0.18 and a 1-year high of $15.55. The firm’s 50-day moving average is $0.71 and its 200 day moving average is $4.85.

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.