Chanson International Holding (NASDAQ:CHSN) Short Interest Update

Chanson International Holding (NASDAQ:CHSN) was the recipient of a significant decrease in short interest in 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 short-interest ratio is currently 0.1 days. Approximately 3.4% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Chanson International stock. Schonfeld Strategic Advisors LLC bought a new position in shares of Chanson International Holding (NASDAQ:CHSN) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 22,400 shares of the company’s stock, valued at approximately $114,000. Schonfeld Strategic Advisors LLC owned approximately 0.33% of Chanson International as of its most recent SEC filing. 2.83% of the stock is currently owned by hedge funds and other institutional investors.

Chanson International Stock Performance

CHSN stock opened at $0.23 on Thursday. The firm has a 50 day moving average of $0.93 and a 200-day moving average of $4.89. 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.