Short Interest in Haidilao International Holding Ltd. (OTCMKTS:HDALF) Declines By 14.6%

Haidilao International Holding Ltd. (OTCMKTS:HDALF) saw a large drop in short interest during the month of October. As of October 15th, there was short interest totalling 4,010,600 shares, a drop of 14.6% from the September 30th total of 4,694,600 shares. Based on an average daily volume of 5,800 shares, the short-interest ratio is presently 691.5 days.

Haidilao International Price Performance

Shares of HDALF opened at $1.99 on Thursday. Haidilao International has a twelve month low of $1.30 and a twelve month high of $2.69. The firm has a fifty day simple moving average of $1.88 and a two-hundred day simple moving average of $2.01.

Haidilao International Company Profile

Haidilao International Holding Ltd., an investment holding company, engages in the restaurant operation and delivery businesses. The company through operates through Restaurant Operation, Delivery Business, and Sales of Condiment Products and Food Ingredients segments. It also operates a Haidilao branded Chinese cuisine restaurant that offers hot pot cuisine.