TH International Limited (NASDAQ:THCH) Short Interest Down 23.6% in March

TH International Limited (NASDAQ:THCH) was the target of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 10,700 shares, a decline of 23.6% from the February 28th total of 14,000 shares. Based on an average trading volume of 17,200 shares, the short-interest ratio is presently 0.6 days. Currently, 0.1% of the company’s shares are short sold.

TH International Trading Down 0.5 %

Shares of THCH opened at $2.99 on Monday. The company’s fifty day simple moving average is $3.11 and its 200-day simple moving average is $11.86. The company has a market cap of $99.05 million, a P/E ratio of -1.17 and a beta of 0.52. TH International has a twelve month low of $2.78 and a twelve month high of $7.20.

Institutional Trading of TH International

An institutional investor recently bought a new position in TH International stock. Jane Street Group LLC bought a new stake in shares of TH International Limited (NASDAQ:THCH) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 50,122 shares of the company’s stock, valued at approximately $41,000. 91.85% of the stock is owned by hedge funds and other institutional investors.

TH International Company Profile

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.