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

TDH Holdings, Inc. (NASDAQ:PETZ) was the target 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 daily trading volume, of 9,510 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily trading volume, of 9,510 shares, the days-to-cover ratio is currently 0.9 days.

TDH Price Performance

TDH stock traded down $0.00 on Friday, reaching $1.07. The company’s stock had a trading volume of 8,401 shares, compared to its average volume of 10,686. The business’s fifty day moving average price is $1.00 and its 200 day moving average price is $1.03. TDH has a twelve month low of $0.65 and a twelve month high of $1.68.

Analyst Upgrades and Downgrades

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in TDH stock. Citadel Advisors LLC acquired a new position in shares of TDH Holdings, Inc. (NASDAQ:PETZ) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. 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 reporting period. 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.