TDH Holdings Inc (NASDAQ:PETZ) Short Interest Update

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TDH Holdings Inc (NASDAQ:PETZ) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totalling 645,600 shares, a decrease of 50.3% from the July 31st total of 1,300,200 shares. Based on an average daily volume of 324,600 shares, the days-to-cover ratio is currently 2.0 days. Currently, 13.8% of the company’s stock are sold short.

Shares of TDH stock traded down $0.08 during trading on Friday, reaching $1.68. The company had a trading volume of 14,045 shares, compared to its average volume of 321,140. The firm’s fifty day moving average is $1.35 and its 200-day moving average is $0.91. TDH has a fifty-two week low of $0.44 and a fifty-two week high of $4.37.

TDH Company Profile

TDH Holdings, Inc engages in the development, manufacture, and sale of pet food products for pet owners worldwide. It offers approximately 200 products, which include 6 product lines consisting of pet chews, dried pet snacks, wet canned pet food, dental health snacks, baked pet biscuits, and other products for dogs and cats, as well as non-food items.

Further Reading: What does an inverted yield curve signify?

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