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

HomesToLife Ltd (NASDAQ:HTLM) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totaling 6,159 shares, a growth of 46.5% from the November 30th total of 4,205 shares. Based on an average daily trading volume, of 24,354 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 24,354 shares, the days-to-cover ratio is presently 0.3 days.

HomesToLife Trading Up 4.6%

HomesToLife stock traded up $0.11 during midday trading on Monday, hitting $2.51. 1,623 shares of the stock were exchanged, compared to its average volume of 19,040. The stock’s 50-day simple moving average is $3.02 and its 200 day simple moving average is $3.42. HomesToLife has a fifty-two week low of $2.29 and a fifty-two week high of $11.50. The stock has a market capitalization of $36.87 million, a price-to-earnings ratio of 62.75 and a beta of -1.78.

HomesToLife (NASDAQ:HTLM) last posted its earnings results on Monday, November 17th. The company reported $0.03 EPS for the quarter. The business had revenue of $94.30 million during the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e)” rating on shares of HomesToLife in a research note on Monday, December 22nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently 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.