TH International Limited (NASDAQ:THCH) Short Interest Update

TH International Limited (NASDAQ:THCH - Get Free Report) saw a large drop in short interest in the month of May. As of May 15th, there was short interest totalling 16,200 shares, a drop of 28.6% from the April 30th total of 22,700 shares. Based on an average daily volume of 12,500 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.2% of the company's shares are sold short.

TH International Stock Performance

NASDAQ THCH traded up $0.04 on Thursday, reaching $2.82. 1,248 shares of the stock traded hands, compared to its average volume of 24,350. TH International has a 12 month low of $2.15 and a 12 month high of $5.83. The company has a market cap of $93.58 million, a price-to-earnings ratio of -1.11 and a beta of 0.51. The company has a fifty day moving average price of $2.68 and a 200-day moving average price of $6.78.

TH International (NASDAQ:THCH - Get Free Report) last released its quarterly earnings data on Tuesday, April 15th. The company reported ($0.41) earnings per share for the quarter, missing the consensus estimate of ($0.22) by ($0.19). The company had revenue of $45.56 million during the quarter, compared to analysts' expectations of $50.91 million.

TH International Company Profile

TH International Limited operates Tim Hortons coffee shops in mainland China, Hong Kong, and Macau. The company offers brewed tea, coffee, milk tea, lemonade, hot chocolate, and coffee drinks. It is also involved in franchise related business. The company is based in Shanghai, the People's Republic of China.