Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) Shares Shorted: Short Interest Down 74.1% in October

Key Points

• Short interest fell 74.1% in October to 295 shares, representing roughly 0.0% of HDL’s outstanding shares and a short-interest ratio of 0.3 days.
• Analyst sentiment remains cautious: one analyst rates the stock “Hold” and another “Sell,” resulting in an average “Reduce” rating.
• HDL shares traded at $10.71, well below their 52-week high of $18.33. The company also missed quarterly earnings and revenue estimates, reporting a loss of $0.03 per share versus expectations for $0.03 in earnings.

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL - Get Free Report) saw a significant decline in short interest in 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. Based on an average trading volume of 955 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the shares of the company are sold short.

Analysts Set New Price Targets

HDL has been the topic of a number of research reports. Weiss Ratings reissued a "sell (d)" rating on shares of Super Hi International in a report on Monday, September 21st. Zacks Research upgraded Super Hi International from a "strong sell" rating to a "hold" rating in a research report on Thursday, July 30th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Reduce".

Institutional Inflows and Outflows

A hedge fund recently raised its position in Super Hi International stock. XY Capital Ltd boosted its position in shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL - Free Report) by 11.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund 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 as of its most recent SEC filing.

Super Hi International Price Performance

Shares of HDL traded up $0.81 during trading hours on Wednesday, reaching $10.71. 254 shares of the stock traded hands, compared to its average volume of 1,364. The company has a market cap of $696.41 million, a P/E ratio of 39.66 and a beta of -0.06. The company has a current ratio of 2.50, a quick ratio of 2.25 and a debt-to-equity ratio of 0.47. The company's 50-day moving average price is $11.86 and its two-hundred day moving average price is $13.88. Super Hi International has a 52-week low of $9.74 and a 52-week high of $18.33.

Super Hi International (NASDAQ:HDL - Get Free Report) last posted its quarterly earnings results on Thursday, August 27th. The company reported ($0.03) EPS for the quarter, missing analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $222.80 million. On average, analysts anticipate that Super Hi International will post 0.66 earnings per share for the current year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.