Short Interest in TDH Holdings, Inc. (NASDAQ:PETZ) Declines By 54.8%

TDH Holdings, Inc. (NASDAQ:PETZ) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 86,671 shares, a decrease of 54.8% from the May 31st total of 191,646 shares. Based on an average daily trading volume, of 197,245 shares, the short-interest ratio is currently 0.4 days. Currently, 0.9% of the company’s stock are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised TDH from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, June 3rd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

TDH Price Performance

NASDAQ PETZ opened at $1.31 on Monday. TDH has a 12 month low of $0.81 and a 12 month high of $1.82. The stock has a 50 day moving average of $1.17 and a 200-day moving average of $1.12.

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

Institutional Investors Weigh In On TDH

An institutional investor recently bought a new stake in TDH stock. Citadel Advisors LLC bought a new stake in TDH Holdings, Inc. (NASDAQ:PETZ) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 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 filing with the Securities and Exchange Commission. 0.01% of the stock is currently owned by institutional investors and hedge funds.

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.