Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) Short Interest Up 300.0% in September

Key Points

• The short interest in Super Hi International Holding Ltd. increased by 300.0% in September, rising from 100 shares to 400 shares.
• Bank of America Corp DE acquired a new stake of 1,809 shares valued at approximately $52,000 during the 4th quarter.
• Analyst ratings for the company have declined, with Zacks Research lowering its rating from "hold" to "strong sell" and an average rating of "Sell" across multiple analysts.

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL - Get Free Report) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 400 shares, an increase of 300.0% from the September 15th total of 100 shares. Based on an average daily trading volume, of 3,100 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 3,100 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Super Hi International stock. Bank of America Corp DE acquired a new stake in Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 1,809 shares of the company's stock, valued at approximately $52,000.

Super Hi International Stock Performance

HDL stock traded up $0.12 during trading hours on Friday, hitting $18.31. 1,211 shares of the stock were exchanged, compared to its average volume of 3,325. The company has a current ratio of 2.53, a quick ratio of 2.26 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $1.19 billion, a P/E ratio of 20.34 and a beta of -0.55. The company has a 50-day simple moving average of $18.98 and a two-hundred day simple moving average of $19.90. Super Hi International has a 12 month low of $15.54 and a 12 month high of $30.00.

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

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Zacks Research lowered Super Hi International from a "hold" rating to a "strong sell" rating in a research report on Friday, October 3rd. Weiss Ratings restated a "sell (d)" rating on shares of Super Hi International in a research note on Wednesday, October 8th. Two analysts have rated the stock with a Sell rating, According to MarketBeat, Super Hi International has an average rating of "Sell".

Super Hi International Company Profile

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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