Short Interest in TDH Holdings, Inc. (NASDAQ:PETZ) Grows By 62.8%
by Jessica Moore · The Cerbat GemTDH Holdings, Inc. (NASDAQ:PETZ – Get Free Report) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 13,255 shares, a growth of 62.8% from the December 31st total of 8,143 shares. Based on an average trading volume of 12,581 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.1% of the shares of the stock are sold short. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 12,581 shares, the days-to-cover ratio is presently 1.1 days.
TDH Stock Up 0.4%
Shares of TDH stock traded up $0.01 during trading hours on Friday, reaching $1.18. 13,046 shares of the company were exchanged, compared to its average volume of 15,563. The stock’s fifty day moving average is $1.03 and its 200 day moving average is $1.04. TDH has a 1 year low of $0.65 and a 1 year high of $1.68.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reissued a “sell (d)” rating on shares of TDH in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.
Read Our Latest Analysis on PETZ
Institutional Inflows and Outflows
An institutional investor recently bought a new position in TDH stock. Citadel Advisors LLC acquired a new position in shares of TDH Holdings, Inc. (NASDAQ:PETZ – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 34,361 shares of the company’s stock, valued at approximately $38,000. Citadel Advisors LLC owned about 0.33% of TDH at the end of the most recent quarter. Hedge funds and other institutional investors own 0.01% of the company’s stock.
About TDH
PETZ Ltd. (NASDAQ: PETZ) is a leading specialty retailer in the pet care sector, offering a comprehensive range of products and services for companion animals. The company’s retail footprint spans both brick-and-mortar stores and an e-commerce platform, providing customers with pet food, accessories, supplies and healthcare solutions. In addition to its merchandise offerings, PETZ operates in-store veterinary clinics, grooming salons and boarding facilities, positioning itself as a one-stop destination for pet owners seeking convenience and expertise.
Founded in 2002 by Aristides V.