TDH Holdings, Inc. (NASDAQ:PETZ – Get Free Report) saw a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 191,646 shares, a growth of 3,172.6% from the May 14th total of 5,856 shares. Approximately 2.1% of the company’s shares are sold short. Based on an average daily trading volume, of 2,661,083 shares, the short-interest ratio is currently 0.1 days.
Hedge Funds Weigh In On TDH
A hedge fund recently bought a new stake in TDH stock. Citadel Advisors LLC purchased a new position in shares of TDH Holdings, Inc. (NASDAQ:PETZ – Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 34,361 shares of the company’s stock, valued at approximately $38,000. Citadel Advisors LLC owned about 0.33% of TDH as of its most recent SEC filing. 0.01% of the stock is currently owned by hedge funds and other institutional investors.
TDH Trading Up 32.0%
PETZ opened at $1.61 on Thursday. The firm’s 50 day simple moving average is $1.10 and its two-hundred day simple moving average is $1.08. TDH has a 1-year low of $0.81 and a 1-year high of $1.71.
Wall Street Analyst Weigh In
Separately, Weiss Ratings upgraded TDH from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, TDH has an average rating of “Sell”.
Get Our Latest Stock Report on TDH
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.
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