Homestolife’s (NASDAQ:HTLM – Get Free Report) lock-up period will expire on Monday, March 31st. Homestolife had issued 1,250,000 shares in its initial public offering on October 1st. The total size of the offering was $5,000,000 based on an initial share price of $4.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the end of the lock-up period.
Homestolife Stock Down 0.2 %
NASDAQ HTLM opened at $3.99 on Friday. The company has a 50 day simple moving average of $5.70. Homestolife has a one year low of $2.57 and a one year high of $13.74.
Institutional Trading of Homestolife
A hedge fund recently bought a new stake in Homestolife stock. Citadel Advisors LLC acquired a new stake in Homestolife Ltd (NASDAQ:HTLM – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 39,518 shares of the company’s stock, valued at approximately $336,000. Citadel Advisors LLC owned 0.27% of Homestolife as of its most recent SEC filing.
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.
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