TDH Holdings, Inc. (NASDAQ:PETZ) Sees Significant Growth in Short Interest

TDH Holdings, Inc. (NASDAQ:PETZ) was the recipient of a large increase in short interest in January. As of January 30th, there was short interest totaling 34,658 shares, an increase of 161.5% from the January 15th total of 13,255 shares. Based on an average daily volume of 19,141 shares, the short-interest ratio is presently 1.8 days. Currently, 0.4% of the shares of the company are short sold. Currently, 0.4% of the shares of the company are short sold. Based on an average daily volume of 19,141 shares, the short-interest ratio is presently 1.8 days.

Institutional Investors Weigh In On TDH

An institutional investor recently bought a new position in TDH stock. Citadel Advisors LLC purchased a new stake in TDH Holdings, Inc. (NASDAQ:PETZ) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 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 and Exchange Commission. 0.01% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of TDH in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, TDH presently has a consensus rating of “Sell”.

TDH Price Performance

PETZ stock traded down $0.04 during trading on Thursday, reaching $1.08. 522 shares of the company were exchanged, compared to its average volume of 15,811. TDH has a twelve month low of $0.65 and a twelve month high of $1.68. The company has a 50-day moving average of $1.04 and a two-hundred day moving average of $1.05.

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.