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

TDH Holdings, Inc. (NASDAQ:PETZ) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totaling 13,255 shares, an increase of 62.8% from the December 31st total of 8,143 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 12,581 shares, the short-interest ratio is presently 1.1 days. Based on an average daily volume of 12,581 shares, the short-interest ratio is presently 1.1 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On TDH

An institutional investor recently bought a new position in TDH stock. Citadel Advisors LLC purchased a new position in shares of TDH Holdings, Inc. (NASDAQ:PETZ) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 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. Hedge funds and other institutional investors own 0.01% of the company’s stock.

TDH Stock Up 0.4%

NASDAQ PETZ traded up $0.01 during trading hours on Friday, hitting $1.18. 13,046 shares of the company’s stock traded hands, compared to its average volume of 15,250. TDH has a 52-week low of $0.65 and a 52-week high of $1.68. The firm’s 50-day moving average is $1.03 and its 200-day moving average is $1.04.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of TDH in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

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.