TDH Holdings, Inc. (NASDAQ:PETZ) Sees Significant Growth in Short Interest

TDH Holdings, Inc. (NASDAQ:PETZ) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totalling 64,000 shares, a growth of 671.1% from the June 15th total of 8,300 shares. Based on an average daily trading volume, of 39,600 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.9% of the shares of the stock are short sold.

TDH Trading Down 2.1 %

PETZ stock traded down $0.03 during trading hours on Thursday, hitting $1.43. 58,031 shares of the stock traded hands, compared to its average volume of 40,322. The stock has a 50-day simple moving average of $1.21 and a 200 day simple moving average of $1.17. TDH has a one year low of $0.89 and a one year high of $1.74.

About TDH

TDH Holdings, Inc engages in the restaurant operation business in the United States. Its restaurants provide dining area, bar, catering services, and space for banquets. The Company also runs restaurant business in the United States. TDH Holdings, Inc was founded in 2002 and is based in Qingdao, the People's Republic of China.