Super Hi International Holding Ltd. (NASDAQ:HDL) Sees Large Decline in Short Interest

Super Hi International Holding Ltd. (NASDAQ:HDL) was the recipient of a significant decline in short interest in May. As of May 31st, there was short interest totalling 5,000 shares, a decline of 35.1% from the May 15th total of 7,700 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 2,800 shares, the days-to-cover ratio is currently 1.8 days.

Hedge Funds Weigh In On Super Hi International

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

Super Hi International Stock Down 2.8%

Shares of HDL opened at $19.84 on Monday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 2.19 and a current ratio of 2.44. Super Hi International has a one year low of $13.94 and a one year high of $30.00. The stock has a market capitalization of $1.29 billion and a price-to-earnings ratio of 33.06. The stock has a 50 day moving average price of $20.86 and a 200 day moving average price of $23.44.

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

Super Hi International Company Profile

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.