TDH Holdings, Inc. (NASDAQ:PETZ) Short Interest Update

TDH Holdings, Inc. (NASDAQ:PETZ) saw a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 54,427 shares, a decrease of 37.2% from the June 15th total of 86,671 shares. Currently, 0.6% of the shares of the company are sold short. Based on an average trading volume of 8,619 shares, the days-to-cover ratio is presently 6.3 days.

Analyst Upgrades and Downgrades

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

Institutional Inflows and Outflows

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

TDH Stock Up 4.6%

PETZ opened at $1.13 on Friday. The company has a 50 day moving average of $1.22 and a 200 day moving average of $1.14. TDH has a 12 month low of $0.81 and a 12 month high of $1.82.

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

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.