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. After the expiration of the company's lock-up period, company insiders and major shareholders will be able to sell their shares of the company.
Homestolife Price Performance
Shares of HTLM remained flat at $4.00 during mid-day trading on Thursday. The stock had a trading volume of 3,602 shares, compared to its average volume of 66,868. The firm has a 50-day moving average of $5.87. Homestolife has a one year low of $2.57 and a one year high of $13.74.
Hedge Funds Weigh In On Homestolife
An institutional investor recently bought a new position in Homestolife stock. Citadel Advisors LLC purchased a new position in shares of Homestolife Ltd (NASDAQ:HTLM - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 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 filing with the Securities and Exchange Commission (SEC).
About Homestolife
(
Get Free Report)
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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