Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) Short Interest Update

Key Points

• Short interest fell sharply in Super Hi International, dropping 56.8% to 1,615 shares as of July 31, equivalent to about 1.4 days of average trading volume.
• Several institutions increased exposure, including XY Capital and Jane Street Group, while Bank of America initiated a new position. Analyst sentiment remains cautious, with a consensus rating of “Reduce”.
• HDL shares rose 3.0% to $13.66, but the company recently missed quarterly EPS expectations, reporting $0.10 versus the $0.26 consensus estimate despite revenue exceeding forecasts.

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL - Get Free Report) saw a significant decrease in short interest in July. As of July 31st, there was short interest totaling 1,615 shares, a decrease of 56.8% from the July 15th total of 3,739 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 1,135 shares, the days-to-cover ratio is currently 1.4 days.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. XY Capital Ltd lifted its holdings in Super Hi International by 11.3% during the 1st quarter. XY Capital Ltd now owns 13,303 shares of the company's stock valued at $194,000 after buying an additional 1,348 shares in the last quarter. Jane Street Group LLC grew its stake in Super Hi International by 26.5% in the 4th quarter. Jane Street Group LLC now owns 21,302 shares of the company's stock worth $342,000 after acquiring an additional 4,457 shares in the last quarter. Finally, Bank of America Corp DE purchased a new position in shares of Super Hi International during the fourth quarter worth approximately $52,000.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on HDL. Zacks Research upgraded shares of Super Hi International from a "strong sell" rating to a "hold" rating in a report on Thursday, July 30th. Weiss Ratings reiterated a "sell (d)" rating on shares of Super Hi International in a research report on Wednesday, June 24th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Reduce".

Super Hi International Trading Up 3.0%

Shares of HDL traded up $0.40 during mid-day trading on Friday, reaching $13.66. 487 shares of the company's stock traded hands, compared to its average volume of 785. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.54 and a quick ratio of 2.28. The stock's 50-day moving average is $12.90 and its two-hundred day moving average is $14.41. Super Hi International has a 12 month low of $12.00 and a 12 month high of $21.21. The stock has a market cap of $888.05 million, a P/E ratio of 22.76 and a beta of -0.14.

Super Hi International (NASDAQ:HDL - Get Free Report) last posted its quarterly earnings data on Friday, May 15th. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.26 by ($0.16). Super Hi International had a net margin of 3.29% and a return on equity of 7.38%. The business had revenue of $225.93 million for the quarter, compared to analysts' expectations of $215.58 million. Research analysts forecast that Super Hi International will post 0.66 earnings per share for the current fiscal year.

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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