Short Interest in Golden Sun Health Technology Group Limited (NASDAQ:GSUN) Declines By 43.1%
by Jessica Moore · The Cerbat GemGolden Sun Health Technology Group Limited (NASDAQ:GSUN – Get Free Report) was the target of a large drop in short interest during the month of March. As of March 31st, there was short interest totaling 316,731 shares, a drop of 43.1% from the March 15th total of 556,938 shares. Based on an average trading volume of 613,910 shares, the days-to-cover ratio is presently 0.5 days. Currently, 26.2% of the company’s shares are sold short.
Wall Street Analyst Weigh In
Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Golden Sun Health Technology Group in a research report on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Golden Sun Health Technology Group has a consensus rating of “Sell”.
View Our Latest Report on Golden Sun Health Technology Group
Golden Sun Health Technology Group Stock Performance
NASDAQ GSUN traded up $0.03 on Tuesday, hitting $0.46. The company’s stock had a trading volume of 33,267 shares, compared to its average volume of 1,481,372. Golden Sun Health Technology Group has a 52-week low of $0.31 and a 52-week high of $3.90. The company has a current ratio of 1.20, a quick ratio of 1.19 and a debt-to-equity ratio of 0.34. The company’s 50-day simple moving average is $0.77 and its 200 day simple moving average is $1.38.
Golden Sun Health Technology Group (NASDAQ:GSUN – Get Free Report) last released its quarterly earnings data on Thursday, February 12th. The company reported $0.32 earnings per share for the quarter. The business had revenue of $9.46 million during the quarter.
Golden Sun Health Technology Group Company Profile
Golden Sun Health Technology Group, Inc (NASDAQ: GSUN) is a health and wellness company focused on the development, manufacturing and distribution of nutritional supplements, functional beverages, personal care and skincare products. The company designs its product portfolio to address the growing consumer demand for health-oriented solutions, drawing on botanical extracts and proprietary formulations to support overall well-being, beauty and vitality.
Operating primarily through vertically integrated production facilities, Golden Sun Health Technology Group oversees the research and development, quality control and packaging of its offerings.