Short Interest in Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) Declines By 93.8%

Key Points

• Short interest in Super Hi International Holding Ltd. declined by 93.8% from 1,600 shares to just 100 shares as of August 31st, indicating minimal bearish sentiment.
• The company reported $0.30 EPS for the recent quarter, exceeding expectations of $0.20, and achieved a net margin of 6.81% on revenue of $198.95 million.
• Super Hi International's stock traded up 0.8%, reaching $19.42, amid a market capitalization of $1.26 billion and a PE ratio of 21.57.

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL - Get Free Report) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 100 shares, a decline of 93.8% from the August 15th total of 1,600 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 3,000 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 3,000 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Super Hi International Trading Up 0.8%

Shares of HDL traded up $0.16 during trading hours on Thursday, hitting $19.42. 866 shares of the stock traded hands, compared to its average volume of 5,806. The business has a fifty day moving average of $19.69 and a 200-day moving average of $21.08. Super Hi International has a 1-year low of $14.18 and a 1-year high of $30.00. The firm has a market capitalization of $1.26 billion, a PE ratio of 21.57 and a beta of -0.52. The company has a current ratio of 2.53, a quick ratio of 2.26 and a debt-to-equity ratio of 0.46.

Super Hi International (NASDAQ:HDL - Get Free Report) last issued its quarterly earnings data on Tuesday, August 26th. The company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.20 by $0.10. Super Hi International had a return on equity of 14.94% and a net margin of 6.81%.The business had revenue of $198.95 million for the quarter. Analysts expect that Super Hi International will post 0.67 EPS for the current year.

Institutional Investors Weigh In On Super Hi International

Large investors have recently bought and sold shares of the company. Bank of America Corp DE acquired a new stake in Super Hi International in the fourth quarter valued at about $52,000. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in shares of Super Hi International in the 2nd quarter valued at approximately $157,000. Finally, Jane Street Group LLC acquired a new stake in shares of Super Hi International in the 4th quarter valued at approximately $295,000.

About Super Hi International

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.

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