Haidilao International Holding Ltd. (OTCMKTS:HDALF) Sees Significant Increase in Short Interest

Haidilao International Holding Ltd. (OTCMKTS:HDALF) was the target of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 27,079,700 shares, an increase of 142.1% from the March 15th total of 11,185,100 shares. Based on an average daily volume of 2,100 shares, the short-interest ratio is currently 12,895.1 days.

Haidilao International Price Performance

OTCMKTS HDALF remained flat at $2.12 during trading hours on Tuesday. The company’s stock had a trading volume of 1 shares, compared to its average volume of 4,926. Haidilao International has a 1 year low of $1.30 and a 1 year high of $2.69. The business has a fifty day moving average of $2.18 and a two-hundred day moving average of $2.09.

Haidilao International Company Profile

Haidilao International Holding Ltd., an investment holding company, engages in the restaurant operation and delivery businesses. The company through operates through Restaurant Operation, Delivery Business, and Sales of Condiment Products and Food Ingredients segments. It also operates a Haidilao branded Chinese cuisine restaurant that offers hot pot cuisine.