Haidilao International Holding Ltd. (OTCMKTS:HDALF) Sees Large Increase in Short Interest

Haidilao International Holding Ltd. (OTCMKTS:HDALF) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 41,475,400 shares, an increase of 37.4% from the April 30th total of 30,182,100 shares. Based on an average daily trading volume, of 2,900 shares, the short-interest ratio is currently 14,301.9 days.

Haidilao International Price Performance

Shares of HDALF opened at $1.86 on Wednesday. Haidilao International has a 1 year low of $1.30 and a 1 year high of $2.67. The company’s 50 day simple moving average is $2.12 and its 200 day simple moving average is $2.08.

About Haidilao International

Haidilao International Holding Ltd., an investment holding company, engages in the restaurant operation and delivery businesses. The company through operates through Restaurant Operation, Delivery Business, and Sales of Condiment Products and Food Ingredients segments. It also operates a Haidilao branded Chinese cuisine restaurant that offers hot pot cuisine.