Super Hi International Holding Ltd. (NASDAQ:HDL) Sees Significant Growth in Short Interest

Super Hi International Holding Ltd. (NASDAQ:HDL) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totalling 7,700 shares, a growth of 26.2% from the April 30th total of 6,100 shares. Based on an average daily volume of 3,800 shares, the days-to-cover ratio is currently 2.0 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Trading of Super Hi International

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bank of America Corp DE acquired a new stake in Super Hi International during the 4th quarter worth about $52,000. Arrowstreet Capital Limited Partnership purchased a new position in shares of Super Hi International during the 4th quarter valued at about $278,000. Finally, Jane Street Group LLC purchased a new position in shares of Super Hi International during the 4th quarter valued at about $295,000.

Super Hi International Price Performance

NASDAQ HDL opened at $20.04 on Thursday. The firm’s fifty day simple moving average is $21.16 and its two-hundred day simple moving average is $23.19. The company has a current ratio of 2.44, a quick ratio of 2.19 and a debt-to-equity ratio of 0.43. Super Hi International has a 12-month low of $13.94 and a 12-month high of $30.00. The firm has a market capitalization of $1.30 billion and a P/E ratio of 33.40.

Super Hi International (NASDAQ:HDL) last released its earnings results on Wednesday, May 21st. The company reported $0.20 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.20. The firm had revenue of $197.78 million during the quarter. Analysts forecast that Super Hi International will post 0.67 EPS for the current fiscal year.

About Super Hi International

Super Hi International Holding Ltd., an investment holding company, operates Haidilao branded Chinese cuisine restaurants in Asia, North America, and internationally. The company is involved in the food delivery business. It also engages in sale of hot pot condiment products and food ingredients. The company was incorporated in 2022 and is based in Singapore.