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

Chanson International Holding (NASDAQ:CHSN - Get Free Report) was the recipient of a large increase in short interest in 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. Approximately 31.3% of the shares of the company are short sold. Based on an average daily volume of 465,800 shares, the days-to-cover ratio is currently 2.7 days.

Chanson International Stock Performance

NASDAQ CHSN traded up $1.47 during mid-day trading on Friday, reaching $10.56. 404,529 shares of the stock were exchanged, compared to its average volume of 251,365. The business's 50 day moving average is $5.09 and its 200-day moving average is $3.10. Chanson International has a 1 year low of $1.10 and a 1 year 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.