TH International Limited (NASDAQ:THCH - Get Free Report) saw a significant increase in short interest in February. As of February 28th, there was short interest totalling 14,000 shares, an increase of 55.6% from the February 13th total of 9,000 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 17,700 shares, the short-interest ratio is presently 0.8 days.
Hedge Funds Weigh In On TH International
An institutional investor recently bought a new position in TH International stock. Jane Street Group LLC purchased a new stake in TH International Limited (NASDAQ:THCH - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 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 Price Performance
TH International stock traded down $0.06 during mid-day trading on Wednesday, reaching $3.09. The company had a trading volume of 14,301 shares, compared to its average volume of 39,528. The stock's 50-day simple moving average is $3.13 and its 200-day simple moving average is $12.55. The company has a market capitalization of $102.37 million, a P/E ratio of -1.21 and a beta of 0.52. TH International has a 1 year low of $2.78 and a 1 year high of $7.20.
About TH International
(
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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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