Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) Sees Large Growth in Short Interest

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 5,712 shares, an increase of 454.0% from the April 30th total of 1,031 shares. Based on an average daily volume of 2,948 shares, the short-interest ratio is currently 1.9 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in HDL. XY Capital Ltd purchased a new position in Super Hi International during the 3rd quarter worth approximately $186,000. Jane Street Group LLC grew its stake in Super Hi International by 26.5% during the 4th quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock worth $342,000 after buying an additional 4,457 shares during the last quarter. Finally, Bank of America Corp DE purchased a new position in Super Hi International during the 4th quarter worth approximately $52,000.

Super Hi International Stock Up 2.2%

NASDAQ HDL traded up $0.30 during trading hours on Thursday, hitting $13.69. 1,531 shares of the company were exchanged, compared to its average volume of 1,952. The company has a 50 day moving average of $14.37 and a two-hundred day moving average of $16.04. The company has a quick ratio of 2.28, a current ratio of 2.54 and a debt-to-equity ratio of 0.45. Super Hi International has a 52-week low of $13.11 and a 52-week high of $21.21. The firm has a market cap of $889.94 million, a price-to-earnings ratio of 22.81 and a beta of -0.15.

Super Hi International (NASDAQ:HDL) last issued its quarterly earnings results on Wednesday, May 20th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.16). Super Hi International had a return on equity of 7.38% and a net margin of 3.29%.The company had revenue of $225.93 million for the quarter, compared to analysts’ expectations of $215.58 million. Equities research analysts anticipate that Super Hi International will post 0.66 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on HDL shares. Weiss Ratings reissued a “sell (d)” rating on shares of Super Hi International in a research note on Friday, March 27th. Zacks Research raised Super Hi International from a “strong sell” rating to a “hold” rating in a research note on Friday, May 8th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Super Hi International has an average rating of “Reduce”.

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.