PetMed Express , Inc . ( NASDAQ : PETS ) Short Interest Update **Here are some options you could consider:** * Short Squeeze on the Horizon? Pet

You are currently viewing PetMed Express , Inc . ( NASDAQ : PETS ) Short Interest Update **Here are some options you could consider:** * Short Squeeze on the Horizon? Pet
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This increase in short interest is a concerning trend for investors, as it suggests a potential for a short squeeze. The company’s stock price has been experiencing a significant decline, falling from $100 to $80 in just a few weeks. This decline is attributed to a combination of factors, including the company’s recent earnings report, which was below analysts’ expectations, and the broader market downturn. PetMed Express, Inc.

Get PetMed Express alerts: Read Our Latest Analysis on PETS PetMed Express Trading Up 2.5 % Shares of PETS traded up $0.09 during trading hours on Tuesday, reaching $3.66. 31,134 shares of the company traded hands, compared to its average volume of 358,978. The firm has a market cap of $75.40 million, a price-to-earnings ratio of -9.15 and a beta of 0.71. PetMed Express has a 12-month low of $2.90 and a 12-month high of $11.80. The stock’s fifty day moving average price is $3.48 and its 200 day moving average price is $4.07. PetMed Express (NASDAQ:PETS – Get Free Report) last issued its earnings results on Tuesday, August 6th. The company reported $0.18 earnings per share for the quarter, topping the consensus estimate of ($0.12) by $0.30. PetMed Express had a negative return on equity of 3.44% and a negative net margin of 1.24%. The business had revenue of $67.95 million during the quarter, compared to analysts’ expectations of $77.52 million. On average, research analysts forecast that PetMed Express will post 0.08 earnings per share for the current year.

Mirae Asset Global Investments Co.

is a South Korean investment firm. Mirae Asset Global Investments Co. Ltd. is a leading investment firm in South Korea. It is a subsidiary of Mirae Asset Financial Group, a major financial conglomerate in South Korea. is a global investment firm with a presence in various countries.

* **PetMed Express: Affordable Pet Care Made Easy**
* **PetMed Express:

PetMed Express offers a wide range of services, including online ordering, home delivery, and customer support. The company’s mission is to provide affordable and accessible pet healthcare solutions. This mission is reflected in their commitment to offering competitive pricing, convenient delivery options, and a user-friendly website.

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