Haidilao International Holding Ltd. (OTCMKTS:HDALF) Short Interest Update

Haidilao International Holding Ltd. (OTCMKTS:HDALF) was the target of a large drop in short interest in December. As of December 31st, there was short interest totalling 6,046,300 shares, a drop of 12.7% from the December 15th total of 6,928,800 shares. Based on an average daily volume of 4,000 shares, the days-to-cover ratio is presently 1,511.6 days.

Haidilao International Stock Performance

Shares of OTCMKTS HDALF remained flat at $1.77 during midday trading on Friday. Haidilao International has a 52-week low of $1.30 and a 52-week high of $2.69. The stock’s 50 day simple moving average is $2.04 and its 200 day simple moving average is $1.88.

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.