Short Interest in Super Hi International Holding Ltd. (NASDAQ:HDL) Declines By 26.5%

Super Hi International Holding Ltd. (NASDAQ:HDLGet Free Report) saw a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 5,000 shares, a drop of 26.5% from the February 28th total of 6,800 shares. Based on an average daily trading volume, of 11,000 shares, the short-interest ratio is presently 0.5 days. Approximately 0.0% of the shares of the company are short sold.

Hedge Funds Weigh In On Super Hi International

Several institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE acquired a new position in Super Hi International during the 4th quarter valued at approximately $52,000. Arrowstreet Capital Limited Partnership bought a new stake in Super Hi International in the fourth quarter valued at $278,000. Finally, Jane Street Group LLC acquired a new position in shares of Super Hi International during the fourth quarter valued at $295,000.

Super Hi International Stock Performance

Shares of HDL opened at $23.18 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.44 and a quick ratio of 2.19. Super Hi International has a 12-month low of $13.94 and a 12-month high of $30.00. The business’s fifty day moving average price is $24.53 and its 200 day moving average price is $21.68. The stock has a market capitalization of $1.51 billion and a PE ratio of 77.27.

Super Hi International (NASDAQ:HDLGet Free Report) last posted its quarterly earnings results on Tuesday, March 25th. The company reported ($0.20) EPS for the quarter, missing the consensus estimate of $0.17 by ($0.37). The firm had revenue of $208.76 million for the quarter, compared to analyst estimates of $212.06 million. Equities research analysts forecast that Super Hi International will post 0.67 EPS for the current year.

About Super Hi International

(Get Free Report)

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.

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