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 during 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 short-interest ratio is presently 0.4 days.

Super Hi International Stock Performance

Shares of NASDAQ:HDL traded down $0.90 on Monday, hitting $23.52. 4,714 shares of the company’s stock were exchanged, compared to its average volume of 8,901. Super Hi International has a 1-year low of $13.94 and a 1-year high of $30.00. The company has a current ratio of 2.44, a quick ratio of 2.19 and a debt-to-equity ratio of 0.43. The firm’s 50-day moving average is $25.79 and its 200 day moving average is $19.73.

Super Hi International (NASDAQ:HDL) last announced its earnings results on Monday, November 25th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.48. On average, equities research analysts forecast that Super Hi International will post 0.67 EPS for the current fiscal year.

Hedge Funds Weigh In On Super Hi International

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE acquired a new position in Super Hi International in the 4th quarter valued at $52,000. Arrowstreet Capital Limited Partnership purchased a new stake in Super Hi International in the 4th quarter valued at about $278,000. Jane Street Group LLC acquired a new position in shares of Super Hi International during the 4th quarter valued at about $295,000. Finally, XY Capital Ltd purchased a new position in shares of Super Hi International during the 3rd quarter worth about $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.