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

Super Hi International Holding Ltd. (NASDAQ:HDL) saw a significant 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. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 11,000 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On Super Hi International

A number of hedge funds have recently added to or reduced their stakes in the stock. Arrowstreet Capital Limited Partnership bought a new stake in shares of Super Hi International in the fourth quarter worth $278,000. Jane Street Group LLC purchased a new position in Super Hi International in the fourth quarter worth about $295,000. Finally, Bank of America Corp DE bought a new stake in shares of Super Hi International during the 4th quarter valued at about $52,000.

Super Hi International Stock Performance

NASDAQ HDL traded down $0.19 during trading hours on Tuesday, hitting $23.00. The company’s stock had a trading volume of 708 shares, compared to its average volume of 27,212. 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 company has a market cap of $1.50 billion and a P/E ratio of 76.65. The company’s 50 day simple moving average is $24.53 and its two-hundred day simple moving average is $21.79. Super Hi International has a 12 month low of $13.94 and a 12 month high of $30.00.

Super Hi International (NASDAQ:HDL) last released its quarterly earnings data on Tuesday, March 25th. The company reported ($0.20) earnings per share 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 analysts’ expectations of $212.06 million. As a group, sell-side analysts expect that Super Hi International will post 0.67 EPS for the current fiscal year.

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.