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

TDH Holdings, Inc. (NASDAQ:PETZ) was the target of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 18,900 shares, a decline of 18.5% from the February 29th total of 23,200 shares. Based on an average daily trading volume, of 42,600 shares, the short-interest ratio is currently 0.4 days. Approximately 0.3% of the company’s shares are short sold.

TDH Trading Up 0.9 %

Shares of PETZ opened at $1.18 on Monday. TDH has a fifty-two week low of $0.89 and a fifty-two week high of $2.14. The stock has a fifty day moving average of $1.15 and a two-hundred day moving average of $1.19.

Hedge Funds Weigh In On TDH

An institutional investor recently bought a new position in TDH stock. UBS Group AG purchased a new stake in TDH Holdings, Inc. (NASDAQ:PETZ) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 10,746 shares of the company’s stock, valued at approximately $35,000. UBS Group AG owned 0.17% of TDH at the end of the most recent reporting period. Institutional investors own 0.01% of the company’s stock.

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.