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

Chanson International Holding (NASDAQ:CHSN) was the recipient of a large 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 volume of 2,110,000 shares, the short-interest ratio is currently 0.1 days. Approximately 3.4% of the shares of the company are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Chanson International stock. Schonfeld Strategic Advisors LLC acquired a new position in Chanson International Holding (NASDAQ:CHSN) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 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 SEC filing. 2.83% of the stock is owned by hedge funds and other institutional investors.

Chanson International Stock Performance

Shares of CHSN traded down $0.02 during mid-day trading on Friday, reaching $0.24. 82,342 shares of the company’s stock traded hands, compared to its average volume of 755,321. The business’s 50-day moving average price is $0.82 and its 200-day moving average price is $4.86. Chanson International has a 12 month low of $0.18 and a 12 month high of $15.55.

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.