Short Interest in Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) Declines By 56.8%

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) was the recipient of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 1,615 shares, a decline of 56.8% from the July 15th total of 3,739 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 1,135 shares, the short-interest ratio is currently 1.4 days.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on HDL. Weiss Ratings reissued a “sell (d)” rating on shares of Super Hi International in a research note on Wednesday, June 24th. Zacks Research raised Super Hi International from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 30th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce”.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE purchased a new position in shares of Super Hi International in the 4th quarter valued at $52,000. XY Capital Ltd lifted its stake in shares of Super Hi International by 15.9% during the 4th quarter. XY Capital Ltd now owns 11,955 shares of the company’s stock worth $192,000 after purchasing an additional 1,640 shares during the last quarter. Finally, Jane Street Group LLC lifted its stake in shares of Super Hi International by 26.5% during the 4th quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock worth $342,000 after purchasing an additional 4,457 shares during the last quarter.

Super Hi International Stock Up 3.0%

Shares of NASDAQ:HDL traded up $0.40 during trading hours on Friday, hitting $13.66. The company’s stock had a trading volume of 487 shares, compared to its average volume of 785. The firm’s fifty day moving average price is $12.90 and its 200 day moving average price is $14.41. Super Hi International has a 52 week low of $12.00 and a 52 week high of $21.21. The company has a market capitalization of $888.05 million, a price-to-earnings ratio of 22.76 and a beta of -0.14. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.54 and a quick ratio of 2.28.

Super Hi International (NASDAQ:HDL) last released its quarterly earnings data on Friday, May 15th. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.16). The business had revenue of $225.93 million for the quarter, compared to the consensus estimate of $215.58 million. Super Hi International had a net margin of 3.29% and a return on equity of 7.38%. As a group, research analysts expect that Super Hi International will post 0.66 EPS for the current year.

Super Hi International Company Profile

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.