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

TDH Holdings, Inc. (NASDAQ:PETZ) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 191,646 shares, a growth of 3,172.6% from the May 14th total of 5,856 shares. Based on an average daily trading 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.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in TDH stock. Citadel Advisors LLC acquired a new stake in shares of TDH Holdings, Inc. (NASDAQ:PETZ) in the third quarter, according to its most recent Form 13F filing 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 0.33% of TDH as of its most recent filing with the Securities & Exchange Commission. 0.01% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of TDH from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, June 3rd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, TDH has a consensus rating of “Sell”.

TDH Price Performance

PETZ remained flat at $1.22 during trading on Tuesday. 47,255 shares of the company’s stock were exchanged, compared to its average volume of 1,242,063. TDH has a 1 year low of $0.81 and a 1 year high of $1.68. The firm has a fifty day moving average of $1.09 and a 200 day moving average of $1.08.

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

TDH Company Profile

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.