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

HomesToLife Ltd (NASDAQ:HTLM) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 14,682 shares, a decrease of 58.4% from the May 31st total of 35,285 shares. Based on an average daily volume of 14,568 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.1% of the company’s stock are sold short.

HomesToLife Price Performance

Shares of HTLM stock traded up $0.04 during trading on Tuesday, reaching $1.98. The company had a trading volume of 13,420 shares, compared to its average volume of 239,748. The firm’s 50 day simple moving average is $1.87 and its two-hundred day simple moving average is $2.13. HomesToLife has a one year low of $1.56 and a one year high of $4.19. The company has a market capitalization of $29.08 million, a PE ratio of 16.50 and a beta of 0.02.

HomesToLife (NASDAQ:HTLM) last announced its earnings results on Friday, May 29th. The company reported $0.04 earnings per share (EPS) for the quarter. The company had revenue of $92.53 million for the quarter.

HomesToLife Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, April 30th. Investors of record on Wednesday, April 22nd were issued a dividend of $0.065 per share. The ex-dividend date of this dividend was Wednesday, April 22nd.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of HomesToLife from a “sell (d-)” rating to a “sell (d)” rating in a research note on Monday, June 1st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

About HomesToLife

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.