Golden Sun Health Technology Group Limited (NASDAQ:GSUN) Sees Significant Decline in Short Interest

Golden Sun Health Technology Group Limited (NASDAQ:GSUN) was the recipient of a significant decline in short interest in the month of March. As of March 31st, there was short interest totaling 316,731 shares, a decline of 43.1% from the March 15th total of 556,938 shares. Based on an average daily trading volume, of 613,910 shares, the days-to-cover ratio is presently 0.5 days. Approximately 26.2% of the company’s shares are short sold.

Golden Sun Health Technology Group Price Performance

Shares of NASDAQ:GSUN traded up $0.01 during trading on Monday, reaching $0.46. 66,402 shares of the stock were exchanged, compared to its average volume of 1,502,432. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.20 and a quick ratio of 1.19. Golden Sun Health Technology Group has a 1-year low of $0.31 and a 1-year high of $3.90. The stock has a fifty day moving average of $0.79 and a two-hundred day moving average of $1.40.

Golden Sun Health Technology Group (NASDAQ:GSUN) last issued its earnings results on Thursday, February 12th. The company reported $0.32 earnings per share for the quarter. The firm had revenue of $9.46 million for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Golden Sun Health Technology Group in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.

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.