Short Interest in Super Hi International Holding Ltd. (NASDAQ:HDL) Drops By 35.1%

Super Hi International Holding Ltd. (NASDAQ:HDL) was the target of a significant drop in short interest in May. As of May 31st, there was short interest totalling 5,000 shares, a drop of 35.1% from the May 15th total of 7,700 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 2,800 shares, the short-interest ratio is presently 1.8 days.

Super Hi International Price Performance

Shares of NASDAQ HDL traded up $0.02 during mid-day trading on Tuesday, reaching $19.61. The company’s stock had a trading volume of 532 shares, compared to its average volume of 17,402. Super Hi International has a 1-year low of $13.94 and a 1-year high of $30.00. The company has a debt-to-equity ratio of 0.43, a quick ratio of 2.19 and a current ratio of 2.44. The stock has a market capitalization of $1.27 billion and a P/E ratio of 32.68. The stock has a 50-day moving average of $20.87 and a two-hundred day moving average of $23.44.

Super Hi International (NASDAQ:HDL) last issued its quarterly earnings data on Wednesday, May 21st. The company reported $0.20 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.20. The company had revenue of $197.78 million during the quarter. On average, equities research analysts anticipate that Super Hi International will post 0.67 EPS for the current fiscal year.

Hedge Funds Weigh In On Super Hi International

A number of hedge funds and other institutional investors have recently made changes to their positions in HDL. Bank of America Corp DE acquired a new stake in shares of Super Hi International during the 4th quarter valued at approximately $52,000. Arrowstreet Capital Limited Partnership acquired a new position in Super Hi International during the fourth quarter worth approximately $278,000. Finally, Jane Street Group LLC acquired a new position in Super Hi International in the fourth quarter valued at $295,000.

About Super Hi International

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.