HomesToLife Ltd (NASDAQ:HTLM) Short Interest Update

HomesToLife Ltd (NASDAQ:HTLM) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 14,682 shares, a decline of 58.4% from the May 31st total of 35,285 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 14,568 shares, the days-to-cover ratio is presently 1.0 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded shares of HomesToLife from a “sell (d-)” rating to a “sell (d)” rating in a research note on Monday, June 1st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, HomesToLife has a consensus rating of “Sell”.

HomesToLife Stock Up 0.5%

HTLM traded up $0.01 during midday trading on Wednesday, hitting $1.99. 905 shares of the company traded hands, compared to its average volume of 237,543. The company’s 50-day moving average is $1.87 and its 200 day moving average is $2.12. The firm has a market capitalization of $29.23 million, a PE ratio of 16.58 and a beta of 0.02. HomesToLife has a 52 week low of $1.56 and a 52 week high of $4.19.

HomesToLife (NASDAQ:HTLM) last released its quarterly earnings data on Friday, May 29th. The company reported $0.04 earnings per share for the quarter. The company had revenue of $92.53 million for the quarter.

HomesToLife Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, April 30th. Stockholders of record on Wednesday, April 22nd were issued a dividend of $0.065 per share. The ex-dividend date of this dividend was Wednesday, April 22nd.

HomesToLife Company Profile

HomesToLife Ltd. engages in the retail of home furniture and sale of customized furniture solutions. Its products include leather and fabric upholstered furniture, case goods, and accessories. The company was founded by Yong Pin Phua and Yong Tat Phua in September 1989 and is headquartered in Singapore.