TH International Limited (NASDAQ:THCH) Short Interest Up 54.7% in January

TH International Limited (NASDAQ:THCH) saw a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 28,608 shares, a growth of 54.7% from the January 15th total of 18,493 shares. Based on an average daily volume of 13,954 shares, the short-interest ratio is presently 2.1 days. Based on an average daily volume of 13,954 shares, the short-interest ratio is presently 2.1 days.

TH International Stock Performance

NASDAQ:THCH opened at $1.86 on Friday. The company has a 50-day moving average of $2.21 and a 200-day moving average of $2.46. TH International has a twelve month low of $1.70 and a twelve month high of $3.50.

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

Institutional Investors Weigh In On TH International

An institutional investor recently raised its position in TH International stock. Susquehanna International Group LLP grew its holdings in TH International Limited (NASDAQ:THCH) by 170.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,743 shares of the company’s stock after purchasing an additional 18,731 shares during the period. Susquehanna International Group LLP owned about 0.09% of TH International worth $78,000 as of its most recent SEC filing. Institutional investors own 91.85% of the company’s stock.

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 equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

TH International Company Profile

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.