Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) Sees Significant Increase in Short Interest

Key Points

• Super Hi International Holding Ltd. saw a significant increase in short interest, growing by 433.3% in August from 300 to 1,600 shares.
• The company reported $0.30 EPS for the quarter, exceeding analysts' estimates of $0.20 by $0.10.
• Institutional investments included Pinpoint Asset Management and Jane Street Group, indicating growing interest in the company's shares.

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL - Get Free Report) was the recipient of a significant increase in short interest in August. As of August 15th, there was short interest totaling 1,600 shares, anincreaseof433.3% from the July 31st total of 300 shares. Based on an average trading volume of 3,100 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 3,100 shares, the days-to-cover ratio is currently 0.5 days.

Super Hi International Stock Performance

HDL stock traded up $0.12 during midday trading on Friday, hitting $18.92. 796 shares of the company traded hands, compared to its average volume of 2,741. Super Hi International has a twelve month low of $14.18 and a twelve month high of $30.00. The company has a quick ratio of 2.26, a current ratio of 2.53 and a debt-to-equity ratio of 0.46. The business has a 50 day simple moving average of $19.70 and a 200-day simple moving average of $21.13. The stock has a market capitalization of $1.23 billion, a price-to-earnings ratio of 21.02 and a beta of -0.52.

Super Hi International (NASDAQ:HDL - Get Free Report) last announced its quarterly earnings results on Tuesday, August 26th. The company reported $0.30 EPS for the quarter, beating 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 company had revenue of $198.95 million for the quarter. As a group, equities research analysts predict that Super Hi International will post 0.67 earnings per share for the current year.

Institutional Investors Weigh In On Super Hi International

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of America Corp DE acquired a new stake in Super Hi International during the fourth quarter worth $52,000. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in shares of Super Hi International in the 2nd quarter valued at $157,000. Finally, Jane Street Group LLC acquired a new stake in shares of Super Hi International in the 4th quarter valued at $295,000.

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.