HomesToLife Ltd (NASDAQ:HTLM) Short Interest Update

HomesToLife Ltd (NASDAQ:HTLM) saw a significant decline in short interest during the month of March. As of March 13th, there was short interest totaling 52,751 shares, a decline of 48.2% from the February 26th total of 101,805 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 31,670 shares, the short-interest ratio is presently 1.7 days.

HomesToLife Stock Down 6.2%

Shares of NASDAQ HTLM opened at $1.83 on Thursday. HomesToLife has a fifty-two week low of $1.80 and a fifty-two week high of $4.19. The firm’s 50-day simple moving average is $2.25 and its 200 day simple moving average is $2.80. The stock has a market cap of $26.88 million, a P/E ratio of 45.75 and a beta of -1.25.

HomesToLife (NASDAQ:HTLM) last announced its earnings results on Monday, March 23rd. The company reported $0.04 earnings per share (EPS) for the quarter. The company had revenue of $102.80 million during the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e)” rating on shares of HomesToLife in a report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

About HomesToLife

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.