TDH Holdings, Inc. (NASDAQ:PETZ) Sees Large Decrease in Short Interest

TDH Holdings, Inc. (NASDAQ:PETZ) was the target of a large decrease in short interest in February. As of February 27th, there was short interest totaling 18,970 shares, a decrease of 14.3% from the February 12th total of 22,136 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 2,663 shares, the days-to-cover ratio is currently 7.1 days. Based on an average daily volume of 2,663 shares, the days-to-cover ratio is currently 7.1 days. Currently, 0.2% of the company’s stock are sold short.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d)” rating on shares of TDH in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

TDH Trading Up 0.4%

PETZ traded up $0.01 on Tuesday, hitting $1.22. 3,794 shares of the stock traded hands, compared to its average volume of 11,686. The business has a fifty day moving average price of $1.10 and a two-hundred day moving average price of $1.07. TDH has a 52 week low of $0.65 and a 52 week high of $1.68.

Institutional Inflows and Outflows

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

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.