Short Interest in TDH Holdings, Inc. (NASDAQ:PETZ) Decreases By 37.2%

TDH Holdings, Inc. (NASDAQ:PETZGet Free Report) was the recipient of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 54,427 shares, a drop of 37.2% from the June 15th total of 86,671 shares. Based on an average daily trading volume, of 8,619 shares, the short-interest ratio is presently 6.3 days. Approximately 0.6% of the company’s shares are short sold.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings cut shares of TDH from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, July 7th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, TDH currently has an average rating of “Sell”.

Get Our Latest Stock Analysis on TDH

TDH Trading Up 4.6%

NASDAQ:PETZ traded up $0.05 during mid-day trading on Friday, hitting $1.13. The company had a trading volume of 2,281 shares, compared to its average volume of 9,650. The business has a fifty day simple moving average of $1.22 and a 200-day simple moving average of $1.14. TDH has a 1 year low of $0.81 and a 1 year high of $1.82.

TDH (NASDAQ:PETZGet Free Report) last issued its earnings results on Monday, April 20th. The company reported $0.02 earnings per share for the quarter. The company had revenue of $0.33 million during the quarter.

Institutional Trading of TDH

An institutional investor recently bought a new stake in TDH stock. Citadel Advisors LLC acquired a new stake in shares of TDH Holdings, Inc. (NASDAQ:PETZFree Report) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 34,361 shares of the company’s stock, valued at approximately $38,000. Citadel Advisors LLC owned 0.33% of TDH as of its most recent SEC filing. Hedge funds and other institutional investors own 0.01% of the company’s stock.

About TDH

(Get Free Report)

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.

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