TH International Limited (NASDAQ:THCH - Get Free Report) was the recipient of a large growth in short interest during the month of November. As of November 30th, there was short interest totalling 183,100 shares, a growth of 93.8% from the November 15th total of 94,500 shares. Based on an average trading volume of 137,600 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.4% of the company's stock are sold short.
TH International Price Performance
Shares of THCH stock traded down $0.03 on Thursday, hitting $0.67. The stock had a trading volume of 99,331 shares, compared to its average volume of 216,260. The business has a 50 day moving average of $0.77 and a 200 day moving average of $0.75. TH International has a 12-month low of $0.57 and a 12-month high of $1.82. The stock has a market cap of $110.60 million, a price-to-earnings ratio of -1.36 and a beta of 0.49.
Institutional Investors Weigh In On TH International
A hedge fund recently bought a new stake in TH International stock. Jane Street Group LLC bought a new stake in TH International Limited (NASDAQ:THCH - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 50,122 shares of the company's stock, valued at approximately $41,000. Institutional investors own 91.85% of the company's stock.
TH International Company Profile
(
Get Free Report)
TH International Limited operates Tim Hortons coffee shops in mainland China, Hong Kong, and Macau. The company offers brewed tea, coffee, milk tea, lemonade, hot chocolate, and coffee drinks. It is also involved in franchise related business. The company is based in Shanghai, the People's Republic of China.
Further Reading
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