Short Interest in HomesToLife Ltd (NASDAQ:HTLM) Rises By 50.9%

HomesToLife Ltd (NASDAQ:HTLM) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 9,296 shares, a growth of 50.9% from the December 15th total of 6,159 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 10,639 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily volume of 10,639 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.1% of the shares of the company are sold short.

HomesToLife Stock Performance

Shares of NASDAQ HTLM remained flat at $2.50 during midday trading on Friday. The stock had a trading volume of 200 shares, compared to its average volume of 4,695. HomesToLife has a fifty-two week low of $2.29 and a fifty-two week high of $9.85. The stock has a market cap of $36.73 million, a price-to-earnings ratio of 62.50 and a beta of -1.59. The business’s fifty day moving average is $2.80 and its 200 day moving average is $3.30.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e)” rating on shares of HomesToLife in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of “Sell”.

HomesToLife Company Profile

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.