TH International Limited (NASDAQ:THCH) Short Interest Up 55.6% in February

TH International Limited (NASDAQ:THCH) saw a large growth in short interest in February. As of February 28th, there was short interest totalling 14,000 shares, a growth of 55.6% from the February 13th total of 9,000 shares. Based on an average daily trading volume, of 17,700 shares, the short-interest ratio is presently 0.8 days. Currently, 0.2% of the company’s stock are sold short.

TH International Price Performance

Shares of NASDAQ:THCH opened at $3.26 on Monday. The business’s 50-day moving average is $3.15 and its 200 day moving average is $12.73. TH International has a 1 year low of $2.78 and a 1 year high of $7.20. The firm has a market capitalization of $108.05 million, a P/E ratio of -1.28 and a beta of 0.52.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in TH International stock. Jane Street Group LLC purchased a new stake in shares of TH International Limited (NASDAQ:THCH) during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund purchased 50,122 shares of the company’s stock, valued at approximately $41,000. Hedge funds and other institutional investors own 91.85% of the company’s stock.

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.