Happy City Holdings Limited (NASDAQ:HCHL) Short Interest Update

Happy City Holdings Limited (NASDAQ:HCHL) saw a significant decrease in short interest in the month of April. As of April 15th, there was short interest totaling 136,898 shares, a decrease of 16.1% from the March 31st total of 163,176 shares. Based on an average trading volume of 26,873 shares, the days-to-cover ratio is currently 5.1 days. Currently, 0.7% of the shares of the company are short sold.

Institutional Investors Weigh In On Happy City

An institutional investor recently raised its position in Happy City stock. Citadel Advisors LLC increased its stake in Happy City Holdings Limited (NASDAQ:HCHL) by 34.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 18,688 shares of the company’s stock after purchasing an additional 4,838 shares during the quarter. Citadel Advisors LLC owned approximately 0.10% of Happy City worth $63,000 at the end of the most recent quarter.

Happy City Stock Up 1.2%

NASDAQ HCHL opened at $1.92 on Friday. The company has a 50-day moving average price of $1.36 and a 200-day moving average price of $2.57. Happy City has a 52 week low of $0.80 and a 52 week high of $7.25.

About Happy City

Headquartered in Hong Kong, we are a restaurant operator that operates three all-you-can-eat hotpot restaurant through our wholly-owned Operating Subsidiaries in Hong Kong. We have been in the restaurant services industry serving the Hong Kong market for over 5 years, which is a relatively short operating history compared to some of our established competitors. Our restaurants serves all-you-can-eat Thai and Japanese hotpot to our customers under the brand names “Thai Pot” and “Gyu! Gyu! Shabu Shabu”.