Chanson International Holding (NASDAQ:CHSN) Short Interest Down 49.3% in February

Chanson International Holding (NASDAQ:CHSN) was the recipient of a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 338,800 shares, a drop of 49.3% from the February 13th total of 668,300 shares. Based on an average daily volume of 2,090,000 shares, the days-to-cover ratio is presently 0.2 days. Approximately 9.3% of the shares of the company are short sold.

Institutional Trading of Chanson International

A hedge fund recently bought a new stake in Chanson International stock. Schonfeld Strategic Advisors LLC purchased a new position in shares of Chanson International Holding (NASDAQ:CHSN) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 22,400 shares of the company’s stock, valued at approximately $114,000. Schonfeld Strategic Advisors LLC owned 0.33% of Chanson International as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 2.83% of the company’s stock.

Chanson International Price Performance

NASDAQ CHSN traded down $0.00 during trading hours on Friday, reaching $0.23. The stock had a trading volume of 240,571 shares, compared to its average volume of 749,003. Chanson International has a 52-week low of $0.18 and a 52-week high of $15.55. The stock has a fifty day moving average of $1.75 and a 200 day moving average of $4.97.

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.