HomesToLife Ltd (NASDAQ:HTLM) Short Interest Down 58.4% in June

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

HomesToLife Stock Up 3.1%

HTLM traded up $0.06 on Monday, reaching $1.88. 1,127 shares of the company traded hands, compared to its average volume of 241,891. The company has a market cap of $27.56 million, a P/E ratio of 15.63 and a beta of 0.02. The firm has a fifty day simple moving average of $1.87 and a two-hundred day simple moving average of $2.14. HomesToLife has a one year low of $1.56 and a one year high of $4.19.

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

HomesToLife Announces Dividend

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

Wall Street Analyst Weigh In

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

About HomesToLife

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.