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

Chanson International Holding (NASDAQ:CHSN) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 6,700 shares, a decrease of 41.7% from the February 29th total of 11,500 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 235,200 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of Chanson International

A hedge fund recently bought a new stake in Chanson International stock. Jane Street Group LLC bought a new position in shares of Chanson International Holding (NASDAQ:CHSN) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 16,077 shares of the company’s stock, valued at approximately $34,000. Jane Street Group LLC owned approximately 0.25% of Chanson International at the end of the most recent quarter. Institutional investors own 2.83% of the company’s stock.

Chanson International Stock Down 3.6 %

Shares of Chanson International stock traded down $0.06 on Friday, hitting $1.60. The stock had a trading volume of 68,820 shares, compared to its average volume of 35,583. Chanson International has a 52-week low of $1.04 and a 52-week high of $18.65. The company’s 50 day moving average price is $1.57 and its 200 day moving average price is $2.38.

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.