- The company makes pet foods in China but production has ceased according to its 2020 annual report.
- Also, the working capital and shareholders’ equity were both negative as of December.
- Yet, TDH Holdings somehow managed to raise $19 million through capital increases over the past two months.
- The market capitalization has soared past $500 million and it seems that the reason behind this could be retail investor interest.
- This one looks like a sell but there are no put options and the short borrow fee rate is 102.31%. It could be prudent to wait for the latter to decrease before short-selling.
For further details see:
TDH Holdings Looks Overvalued Based On Fundamentals