Chanson International Holding (NASDAQ:CHSN) Sees Significant Growth in Short Interest

Chanson International Holding (NASDAQ:CHSN) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 1,260,000 shares, an increase of 1,304.7% from the September 30th total of 89,700 shares. Currently, 31.3% of the company’s stock are short sold. Based on an average daily trading volume, of 465,800 shares, the short-interest ratio is currently 2.7 days.

Chanson International Trading Up 12.0 %

Shares of NASDAQ:CHSN traded up $1.09 on Friday, reaching $10.18. The company had a trading volume of 286,463 shares, compared to its average volume of 250,762. The firm’s 50 day simple moving average is $5.09 and its 200-day simple moving average is $3.10. Chanson International has a 52-week low of $1.10 and a 52-week 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.