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

Super Hi International Holding Ltd. (NASDAQ:HDL - Get Free Report) was the target of a large drop in short interest in 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. Based on an average daily trading volume, of 11,000 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.0% of the company's stock are short sold.

Super Hi International Stock Up 2.9 %

Shares of Super Hi International stock traded up $0.67 on Wednesday, reaching $23.60. 3,013 shares of the company were exchanged, compared to its average volume of 27,102. The stock's 50 day moving average price is $24.49 and its 200-day moving average price is $21.85. The company has a market cap of $1.53 billion and a P/E ratio of 78.67. Super Hi International has a 1-year low of $13.94 and a 1-year high of $30.00. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.44 and a quick ratio of 2.19.

Super Hi International (NASDAQ:HDL - Get Free Report) last posted its quarterly earnings results on Tuesday, March 25th. The company reported ($0.20) EPS for the quarter, missing the consensus estimate of $0.17 by ($0.37). The business had revenue of $208.76 million for the quarter, compared to the consensus estimate of $212.06 million. As a group, equities analysts forecast that Super Hi International will post 0.67 EPS for the current year.

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Hedge Funds Weigh In On Super Hi International

Several large investors have recently bought and sold shares of HDL. Bank of America Corp DE acquired a new position in shares of Super Hi International during the 4th quarter worth about $52,000. Jane Street Group LLC acquired a new stake in shares of Super Hi International during the 4th quarter worth about $295,000. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in Super Hi International during the fourth quarter worth approximately $278,000.

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.