Super Hi International Holding Ltd.’s Lock-Up Period Set To End on November 13th (NASDAQ:HDL)

Super Hi International’s (NASDAQ:HDL) lock-up period will expire on Wednesday, November 13th. Super Hi International had issued 2,692,700 shares in its IPO on May 17th. The total size of the offering was $52,669,212 based on an initial share price of $19.56. After the end of the company’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Super Hi International Stock Down 2.3 %

NASDAQ:HDL opened at $16.50 on Wednesday. Super Hi International has a fifty-two week low of $13.94 and a fifty-two week high of $30.00. The stock’s fifty day moving average is $16.37. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.11 and a current ratio of 2.33.

Hedge Funds Weigh In On Super Hi International

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Hood River Capital Management LLC purchased a new position in Super Hi International during the 2nd quarter valued at about $1,060,000. Millennium Management LLC acquired a new stake in shares of Super Hi International in the second quarter valued at approximately $4,704,000. Ghisallo Capital Management LLC acquired a new stake in shares of Super Hi International in the second quarter valued at approximately $689,000. Finally, XY Capital Ltd purchased a new position in shares of Super Hi International during the 3rd quarter worth approximately $658,000.

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.