Super Hi International (NASDAQ:HDL) Trading Down 3.1% – Here’s What Happened

Shares of Super Hi International Holding Ltd. (NASDAQ:HDL) dropped 3.1% during trading on Monday . The company traded as low as $25.50 and last traded at $25.75. Approximately 987 shares were traded during trading, a decline of 96% from the average daily volume of 27,545 shares. The stock had previously closed at $26.57.

Super Hi International Trading Down 4.0 %

The firm’s 50-day simple moving average is $24.56 and its 200-day simple moving average is $21.41. The company has a quick ratio of 2.19, a current ratio of 2.44 and a debt-to-equity ratio of 0.43.

Institutional Investors Weigh In On Super Hi International

Several institutional investors and hedge funds have recently bought and sold shares of HDL. Bank of America Corp DE acquired a new stake in shares of Super Hi International during the 4th quarter valued at about $52,000. Jane Street Group LLC acquired a new stake in Super Hi International during the fourth quarter valued at approximately $295,000. Finally, Arrowstreet Capital Limited Partnership bought a new stake in shares of Super Hi International in the 4th quarter valued at approximately $278,000.

About Super Hi International

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.