Short Interest in Arhaus, Inc. (NASDAQ:ARHS) Drops By 16.7%

Arhaus, Inc. (NASDAQ:ARHSGet Free Report) was the recipient of a significant drop in short interest in the month of December. As of December 15th, there was short interest totaling 4,927,304 shares, a drop of 16.7% from the November 30th total of 5,917,323 shares. Based on an average daily trading volume, of 1,121,839 shares, the short-interest ratio is currently 4.4 days. Approximately 3.6% of the shares of the company are sold short. Approximately 3.6% of the shares of the company are sold short. Based on an average daily trading volume, of 1,121,839 shares, the short-interest ratio is currently 4.4 days.

Arhaus Trading Down 2.2%

Arhaus stock opened at $11.21 on Thursday. Arhaus has a 12-month low of $6.61 and a 12-month high of $13.02. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.34 and a quick ratio of 0.64. The stock has a market capitalization of $1.58 billion, a PE ratio of 21.56, a price-to-earnings-growth ratio of 6.27 and a beta of 2.52. The firm has a 50 day simple moving average of $10.39 and a 200-day simple moving average of $10.33.

Arhaus (NASDAQ:ARHSGet Free Report) last released its earnings results on Thursday, November 6th. The company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.01. Arhaus had a return on equity of 19.62% and a net margin of 5.40%.The firm had revenue of $344.57 million during the quarter, compared to the consensus estimate of $338.26 million. During the same period in the prior year, the firm posted $0.07 earnings per share. The firm’s revenue for the quarter was up 8.0% compared to the same quarter last year. As a group, equities research analysts expect that Arhaus will post 0.46 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently commented on ARHS. Wall Street Zen lowered shares of Arhaus from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Telsey Advisory Group reissued a “market perform” rating and set a $12.00 target price on shares of Arhaus in a research note on Thursday, November 6th. Zacks Research lowered shares of Arhaus from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 7th. Gordon Haskett assumed coverage on Arhaus in a report on Thursday, September 18th. They set a “hold” rating and a $12.00 price target on the stock. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Arhaus in a report on Monday. Three investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $11.11.

Get Our Latest Report on ARHS

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of ARHS. GAMMA Investing LLC boosted its holdings in shares of Arhaus by 185.1% in the second quarter. GAMMA Investing LLC now owns 3,150 shares of the company’s stock worth $27,000 after buying an additional 2,045 shares during the period. State of Alaska Department of Revenue purchased a new stake in shares of Arhaus in the 3rd quarter valued at approximately $28,000. Larson Financial Group LLC boosted its stake in Arhaus by 89.8% in the 3rd quarter. Larson Financial Group LLC now owns 2,780 shares of the company’s stock worth $30,000 after purchasing an additional 1,315 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in Arhaus in the 3rd quarter worth approximately $30,000. Finally, Johnson Investment Counsel Inc. acquired a new stake in Arhaus during the 3rd quarter valued at $49,000. 27.88% of the stock is owned by institutional investors and hedge funds.

Arhaus Company Profile

(Get Free Report)

Arhaus (NASDAQ:ARHS) is a U.S.-based retailer specializing in high-end home furnishings and décor. Since its founding in 1986 in northeastern Ohio, the company has built a reputation for curating unique, design-forward products that blend contemporary aesthetics with artisanal craftsmanship. Headquartered in Boston Heights, Ohio, Arhaus operates a network of brick-and-mortar galleries across the United States alongside a robust e-commerce platform, serving customers from coastal metropolitan areas to interior regions.

The company’s product portfolio encompasses a wide range of furniture categories—including sofas, dining tables, bedroom pieces and storage solutions—complemented by lighting fixtures, rugs, pillows, wall art and decorative accessories.

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