Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) Stock Short Interest Falls 74.1%

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 295 shares, a decline of 74.1% from the September 30th total of 1,137 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 955 shares, the short-interest ratio is presently 0.3 days.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on HDL shares. Zacks Research raised Super Hi International from a “strong sell” rating to a “hold” rating in a report on Thursday, July 30th. Weiss Ratings restated a “sell (d)” rating on shares of Super Hi International in a report on Monday, September 21st. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce”.

Super Hi International Stock Up 0.9%

NASDAQ:HDL traded up $0.09 during mid-day trading on Thursday, reaching $9.98. The stock had a trading volume of 254 shares, compared to its average volume of 1,340. The business’s 50 day moving average is $11.72 and its 200 day moving average is $13.83. Super Hi International has a fifty-two week low of $9.74 and a fifty-two week high of $18.33. The stock has a market cap of $649.32 million, a P/E ratio of 36.67 and a beta of -0.06. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.50 and a quick ratio of 2.25.

Super Hi International (NASDAQ:HDL) last released its quarterly earnings data on Thursday, August 27th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.06). Super Hi International had a net margin of 1.16% and a return on equity of 2.61%. The business had revenue of $218.83 million during the quarter, compared to analyst estimates of $222.80 million. As a group, sell-side analysts predict that Super Hi International will post 0.66 earnings per share for the current year.

Institutional Trading of Super Hi International

An institutional investor recently raised its position in Super Hi International stock. XY Capital Ltd increased its position in shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) by 11.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 13,303 shares of the company’s stock after buying an additional 1,348 shares during the period. XY Capital Ltd’s holdings in Super Hi International were worth $194,000 at the end of the most recent reporting period.

About Super Hi International

Super Hi International Holding Ltd. is a restaurant company focused on operating Haidilao hot pot restaurants outside mainland China. Its restaurants offer Sichuan-style hot pot and related dishes, allowing customers to cook a selection of meats, seafood, vegetables, noodles and other ingredients at their tables. The company also emphasizes hospitality, restaurant service and an interactive dining experience.

The company was separated from Haidilao International Holding Ltd. and listed on the Nasdaq under the symbol HDL in 2022.