Short Interest in TDH Holdings, Inc. (NASDAQ:PETZ) Decreases By 36.6%

by · The Cerbat Gem

TDH Holdings, Inc. (NASDAQ:PETZGet Free Report) was the recipient of a large decline in short interest in December. As of December 31st, there was short interest totaling 8,143 shares, a decline of 36.6% from the December 15th total of 12,843 shares. Based on an average trading volume of 9,510 shares, the short-interest ratio is presently 0.9 days. Based on an average trading volume of 9,510 shares, the short-interest ratio is presently 0.9 days.

TDH Stock Down 0.4%

Shares of NASDAQ PETZ traded down $0.00 during mid-day trading on Friday, reaching $1.07. 8,401 shares of the company’s stock traded hands, compared to its average volume of 10,686. The business has a 50-day simple moving average of $1.00 and a 200 day simple moving average of $1.03. TDH has a 1-year low of $0.65 and a 1-year high of $1.68.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of TDH in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

View Our Latest Stock Analysis on TDH

Institutional Investors Weigh In On TDH

An institutional investor recently bought a new position in TDH stock. Citadel Advisors LLC bought a new position in TDH Holdings, Inc. (NASDAQ:PETZFree Report) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 34,361 shares of the company’s stock, valued at approximately $38,000. Citadel Advisors LLC owned approximately 0.33% of TDH at the end of the most recent reporting period. Hedge funds and other institutional investors own 0.01% of the company’s stock.

About TDH

(Get Free Report)

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.

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