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 is set to expire on Wednesday, November 13th. Super Hi International had issued 2,692,700 shares in its initial public offering on May 17th. The total size of the offering was $52,669,212 based on an initial share price of $19.56. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the expiration of the lock-up period.

Super Hi International Stock Performance

Shares of NASDAQ HDL opened at $16.50 on Wednesday. The stock’s 50 day moving average price is $16.37. The company has a current ratio of 2.33, a quick ratio of 2.11 and a debt-to-equity ratio of 0.46. Super Hi International has a 1 year low of $13.94 and a 1 year high of $30.00.

Institutional Trading of Super Hi International

Hedge funds have recently added to or reduced their stakes in the business. XY Capital Ltd purchased a new stake in shares of Super Hi International during the 3rd quarter valued at $658,000. Ghisallo Capital Management LLC purchased a new position in shares of Super Hi International in the 2nd quarter worth $689,000. Hood River Capital Management LLC acquired a new position in Super Hi International in the second quarter valued at $1,060,000. Finally, Millennium Management LLC purchased a new stake in Super Hi International during the second quarter valued at about $4,704,000.

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.