HomesToLife Ltd (NASDAQ:HTLM) Short Interest Down 58.4% in June

HomesToLife Ltd (NASDAQ:HTLM) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 14,682 shares, a decrease of 58.4% from the May 31st total of 35,285 shares. Based on an average daily trading volume, of 14,568 shares, the short-interest ratio is currently 1.0 days. Approximately 0.1% of the company’s shares are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of HomesToLife from a “sell (d-)” rating to a “sell (d)” rating in a report on Monday, June 1st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

HomesToLife Trading Up 3.1%

HTLM stock traded up $0.06 during midday trading on Monday, hitting $1.88. The company’s stock had a trading volume of 1,127 shares, compared to its average volume of 241,891. The firm’s 50-day moving average is $1.87 and its 200-day moving average is $2.14. The company has a market cap of $27.56 million, a PE ratio of 15.63 and a beta of 0.02. HomesToLife has a 12 month low of $1.56 and a 12 month high of $4.19.

HomesToLife (NASDAQ:HTLM) last released its quarterly earnings data on Friday, May 29th. The company reported $0.04 earnings per share for the quarter. The company had revenue of $92.53 million for the quarter.

HomesToLife Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, April 30th. Investors of record on Wednesday, April 22nd were paid a dividend of $0.065 per share. The ex-dividend date was Wednesday, April 22nd.

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.