Short Interest in Haidilao International Holding Ltd. (OTCMKTS:HDALF) Increases By 56.1%

Haidilao International Holding Ltd. (OTCMKTS:HDALF) saw a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 7,145,500 shares, a growth of 56.1% from the October 31st total of 4,576,800 shares. Based on an average daily volume of 18,200 shares, the short-interest ratio is presently 392.6 days.

Haidilao International Stock Performance

HDALF remained flat at $1.98 on Friday. The stock’s 50 day simple moving average is $2.05 and its 200 day simple moving average is $1.98. Haidilao International has a 12-month low of $1.30 and a 12-month high of $2.69.

About Haidilao International

Haidilao International Holding Ltd., an investment holding company, engages in the restaurant operation and delivery businesses. The company through operates through Restaurant Operation, Delivery Business, and Sales of Condiment Products and Food Ingredients segments. It also operates a Haidilao branded Chinese cuisine restaurant that offers hot pot cuisine.