Arhaus, Inc. (NASDAQ:ARHS) Short Interest Update

Market Beat
2024.07.27 12:40
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Arhaus, Inc. (NASDAQ:ARHS) experienced a significant increase in short interest in July, with a 44.5% growth from the previous month. Approximately 13.8% of the company's shares are sold short. Despite this, analysts have given Arhaus a favorable outlook, with a moderate buy rating and an average price target of $16.77. The stock currently has a 50-day moving average of $17.09 and a 200-day moving average of $14.87. Arhaus reported earnings per share of $0.11 for the last quarter, surpassing analysts' expectations. The company is expected to post an earnings per share of 0.76 for the current year.