TH International Limited (NASDAQ:THCH) Short Interest Up 55.6% in February

TH International Limited (NASDAQ:THCH) was the recipient of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 14,000 shares, an increase of 55.6% from the February 13th total of 9,000 shares. Based on an average daily volume of 17,700 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.2% of the company’s shares are sold short.

Hedge Funds Weigh In On TH International

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

TH International Stock Performance

Shares of TH International stock opened at $3.26 on Monday. The stock has a market cap of $108.05 million, a price-to-earnings ratio of -1.28 and a beta of 0.52. The stock has a 50 day moving average price of $3.15 and a 200-day moving average price of $12.73. TH International has a one year low of $2.78 and a one year high of $7.20.

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.