TH International Limited (NASDAQ:THCH) Short Interest Update

TH International Limited (NASDAQ:THCH) was the target of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 73,559 shares, a growth of 130.5% from the February 12th total of 31,918 shares. Based on an average daily volume of 7,541 shares, the short-interest ratio is currently 9.8 days. Currently, 0.2% of the company’s shares are sold short. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 7,541 shares, the short-interest ratio is currently 9.8 days.

Institutional Trading of TH International

An institutional investor recently raised its position in TH International stock. Citadel Advisors LLC lifted its position in shares of TH International Limited (NASDAQ:THCH) by 51.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 27,033 shares of the company’s stock after purchasing an additional 9,227 shares during the period. Citadel Advisors LLC owned 0.08% of TH International worth $71,000 at the end of the most recent quarter. 91.85% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of TH International in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

TH International Stock Performance

THCH stock opened at $2.21 on Thursday. TH International has a twelve month low of $1.68 and a twelve month high of $3.50. The business has a 50 day moving average price of $2.09 and a two-hundred day moving average price of $2.37.

TH International (NASDAQ:THCH) last released its quarterly earnings data on Tuesday, December 9th. The company reported ($0.23) EPS for the quarter, missing the consensus estimate of ($0.14) by ($0.09). The firm had revenue of $50.29 million during the quarter, compared to the consensus estimate of $55.48 million.

About TH International

TH International Limited operates Tim Hortons coffee shops in mainland China, Hong Kong, and Macau. The company offers brewed tea, coffee, milk tea, lemonade, hot chocolate, and coffee drinks. It is also involved in franchise related business. The company is based in Shanghai, the People's Republic of China.