Short Interest in Super Hi International Holding Ltd. (NASDAQ:HDL) Drops By 8.9%

Super Hi International Holding Ltd. (NASDAQ:HDL) was the target of a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 7,200 shares, a drop of 8.9% from the January 15th total of 7,900 shares. Based on an average daily trading volume, of 20,100 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Investors Weigh In On Super Hi International

Hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of America Corp DE purchased a new stake in Super Hi International during the 4th quarter worth approximately $52,000. Arrowstreet Capital Limited Partnership purchased a new stake in Super Hi International during the 4th quarter worth approximately $278,000. Jane Street Group LLC acquired a new position in shares of Super Hi International in the 4th quarter worth approximately $295,000. Finally, XY Capital Ltd acquired a new position in shares of Super Hi International in the 3rd quarter worth approximately $658,000.

Super Hi International Trading Up 0.9 %

Shares of NASDAQ:HDL traded up $0.22 during mid-day trading on Tuesday, hitting $23.73. 3,859 shares of the company traded hands, compared to its average volume of 11,486. 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 52-week low of $13.94 and a 52-week high of $30.00. The firm’s 50 day simple moving average is $25.79 and its 200 day simple moving average is $19.73.

Super Hi International (NASDAQ:HDL) last announced its earnings results on Monday, November 25th. The company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.12 by $0.48. As a group, analysts forecast that Super Hi International will post 0.67 EPS for the current 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.