Short Interest in Haidilao International Holding Ltd. (OTCMKTS:HDALF) Declines By 34.0%

Haidilao International Holding Ltd. (OTCMKTS:HDALF) saw a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 12,579,421 shares, a decrease of 34.0% from the July 30th total of 19,050,212 shares. Based on an average trading volume of 50,835 shares, the short-interest ratio is presently 247.5 days.

Haidilao International Stock Performance

HDALF traded down $0.09 during midday trading on Tuesday, reaching $1.50. 400 shares of the company were exchanged, compared to its average volume of 29,021. Haidilao International has a one year low of $1.35 and a one year high of $2.41. The company’s fifty day moving average price is $1.52 and its 200 day moving average price is $1.77.

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. In addition, the company is involved in the technology; hotel operation; property investment management and consulting; and trading businesses.