Super Hi International Holding Ltd. (NASDAQ:HDL) Sees Significant Growth in Short Interest

Super Hi International Holding Ltd. (NASDAQ:HDL) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 23,900 shares, a growth of 13.8% from the September 30th total of 21,000 shares. Based on an average daily volume of 25,900 shares, the days-to-cover ratio is currently 0.9 days.

Hedge Funds Weigh In On Super Hi International

Large investors have recently added to or reduced their stakes in the company. Ghisallo Capital Management LLC acquired a new stake in shares of Super Hi International in the 2nd quarter worth $689,000. Hood River Capital Management LLC purchased a new stake in Super Hi International in the second quarter valued at about $1,060,000. Finally, Millennium Management LLC acquired a new stake in Super Hi International in the second quarter worth about $4,704,000.

Super Hi International Stock Down 2.1 %

NASDAQ:HDL traded down $0.35 during midday trading on Thursday, hitting $16.11. The stock had a trading volume of 3,084 shares, compared to its average volume of 31,328. The company has a quick ratio of 2.11, a current ratio of 2.33 and a debt-to-equity ratio of 0.46. The company’s 50-day simple moving average is $16.20. Super Hi International has a one year low of $13.94 and a one year high of $30.00.

Super Hi International Company Profile

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.