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Super Hi International (NASDAQ:HDL) Shares Gap Down - Time to Sell?

Super Hi International logo with Retail/Wholesale background

Super Hi International Holding Ltd. (NASDAQ:HDL - Get Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at $17.83, but opened at $16.70. Super Hi International shares last traded at $17.08, with a volume of 1,322 shares changing hands.

Super Hi International Trading Down 6.3 %

The company has a debt-to-equity ratio of 0.46, a current ratio of 2.33 and a quick ratio of 2.11. The stock has a fifty day simple moving average of $15.72.

Hedge Funds Weigh In On Super Hi International

A number of hedge funds and other institutional investors have recently made changes to their positions in HDL. Ghisallo Capital Management LLC purchased a new position in Super Hi International in the second quarter valued at approximately $689,000. Hood River Capital Management LLC bought a new stake in shares of Super Hi International in the second quarter valued at $1,060,000. Finally, Millennium Management LLC purchased a new position in shares of Super Hi International during the 2nd quarter valued at $4,704,000.

About Super Hi International

(Get Free Report)

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.

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