Short Interest in TDH Holdings, Inc. (NASDAQ:PETZ) Increases By 3,172.6%

TDH Holdings, Inc. (NASDAQ:PETZ) saw a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 191,646 shares, an increase of 3,172.6% from the May 14th total of 5,856 shares. Based on an average daily volume of 2,661,083 shares, the short-interest ratio is presently 0.1 days. Approximately 2.1% of the shares of the company are short sold.

Wall Street Analyst Weigh In

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

TDH Stock Performance

Shares of TDH stock remained flat at $1.22 during midday trading on Tuesday. 47,255 shares of the stock traded hands, compared to its average volume of 1,242,063. The company’s fifty day moving average price is $1.09 and its 200 day moving average price is $1.08. TDH has a twelve month low of $0.81 and a twelve month high of $1.68.

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

Institutional Investors Weigh In On TDH

A hedge fund recently bought a new stake in TDH stock. Citadel Advisors LLC acquired a new position in TDH Holdings, Inc. (NASDAQ:PETZ) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 34,361 shares of the company’s stock, valued at approximately $38,000. Citadel Advisors LLC owned about 0.33% of TDH at the end of the most recent quarter. Institutional investors own 0.01% of the company’s stock.

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.