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

Super Hi International Holding Ltd. (NASDAQ:HDL) saw a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 5,000 shares, a decrease of 26.5% from the February 28th total of 6,800 shares. Based on an average trading volume of 11,000 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.0% of the company’s stock are sold short.

Super Hi International Stock Down 2.5 %

NASDAQ HDL traded down $0.58 during trading on Monday, reaching $23.17. 1,000 shares of the company’s stock traded hands, compared to its average volume of 27,217. Super Hi International has a 12-month low of $13.94 and a 12-month high of $30.00. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.44 and a quick ratio of 2.19. The firm has a market cap of $1.51 billion and a price-to-earnings ratio of 77.23. The company’s 50 day simple moving average is $24.53 and its two-hundred day simple moving average is $21.73.

Super Hi International (NASDAQ:HDL) last issued its quarterly earnings data on Tuesday, March 25th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.37). The company had revenue of $208.76 million for the quarter, compared to the consensus estimate of $212.06 million. As a group, sell-side analysts forecast that Super Hi International will post 0.67 EPS for the current fiscal year.

Institutional Investors Weigh In On Super Hi International

Hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE bought a new position in Super Hi International in the fourth quarter worth about $52,000. Jane Street Group LLC purchased a new position in shares of Super Hi International in the 4th quarter worth approximately $295,000. Finally, Arrowstreet Capital Limited Partnership bought a new position in shares of Super Hi International during the 4th quarter worth approximately $278,000.

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.