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

Golden Sun Health Technology Group Limited (NASDAQ:GSUN) was the target of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 196,800 shares, a growth of 6.9% from the March 15th total of 184,100 shares. Approximately 1.7% of the company’s stock are short sold. Based on an average daily volume of 127,000 shares, the days-to-cover ratio is currently 1.5 days.

Golden Sun Health Technology Group Stock Performance

Shares of GSUN opened at $0.40 on Tuesday. Golden Sun Health Technology Group has a 12 month low of $0.31 and a 12 month high of $1.97. The firm has a fifty day simple moving average of $0.66 and a 200 day simple moving average of $0.63. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.10 and a current ratio of 1.11.

Golden Sun Health Technology Group shares are set to reverse split on Thursday, April 18th. The 1-10 reverse split was announced on Thursday, April 18th. The number of shares owned by shareholders will be adjusted after the closing bell on Thursday, April 18th.

Institutional Trading of Golden Sun Health Technology Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Millennium Management LLC bought a new stake in Golden Sun Health Technology Group during the fourth quarter worth $132,000. GSA Capital Partners LLP bought a new stake in Golden Sun Health Technology Group during the fourth quarter worth $38,000. Finally, Morgan Stanley raised its position in Golden Sun Health Technology Group by 29,373.3% during the fourth quarter. Morgan Stanley now owns 30,947 shares of the company’s stock worth $34,000 after acquiring an additional 30,842 shares in the last quarter. 0.08% of the stock is owned by institutional investors.

Golden Sun Health Technology Group Company Profile

Golden Sun Health Technology Group Limited, through its subsidiaries, provides education and management services in the People's Republic of China. The company offers foreign language tutorial services; and TOEFL, IELTS, and school and college entrance examination training, as well as other education training management services.