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

HomesToLife Ltd (NASDAQ:HTLM) was the recipient of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 46,705 shares, an increase of 609.5% from the January 29th total of 6,583 shares. Based on an average daily volume of 539,713 shares, the short-interest ratio is presently 0.1 days. Currently, 0.3% of the shares of the company are sold short. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 539,713 shares, the short-interest ratio is presently 0.1 days.

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 analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

HomesToLife Stock Down 2.4%

Shares of HomesToLife stock traded down $0.05 on Wednesday, reaching $2.06. The company’s stock had a trading volume of 72,836 shares, compared to its average volume of 1,230,953. The company has a market capitalization of $30.26 million, a P/E ratio of 51.50 and a beta of -1.59. The stock has a 50-day moving average price of $2.47 and a 200-day moving average price of $3.06. HomesToLife has a 52-week low of $1.80 and a 52-week high of $4.82.

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.