HomesToLife Ltd (NASDAQ:HTLM) Sees Significant Decrease in Short Interest

HomesToLife Ltd (NASDAQ:HTLM) saw a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 6,583 shares, a decline of 26.6% from the January 15th total of 8,969 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 670 shares, the short-interest ratio is currently 9.8 days. Based on an average daily volume of 670 shares, the short-interest ratio is currently 9.8 days. Currently, 0.0% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e)” rating on shares of HomesToLife in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, HomesToLife has a consensus rating of “Sell”.

HomesToLife Stock Performance

Shares of HomesToLife stock opened at $2.51 on Friday. The firm has a 50-day simple moving average of $2.59 and a two-hundred day simple moving average of $3.16. HomesToLife has a fifty-two week low of $2.11 and a fifty-two week high of $4.91. The company has a market cap of $36.87 million, a P/E ratio of 62.75 and a beta of -1.59.

HomesToLife Company Profile

HomesToLife Ltd. engages in the retail of home furniture and sale of customized furniture solutions. Its products include leather and fabric upholstered furniture, case goods, and accessories. The company was founded by Yong Pin Phua and Yong Tat Phua in September 1989 and is headquartered in Singapore.