Short Interest in Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) Rises By 151.3%

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 3,739 shares, an increase of 151.3% from the June 30th total of 1,488 shares. Based on an average daily trading volume, of 525 shares, the short-interest ratio is currently 7.1 days. Approximately 0.0% of the company’s stock are sold short.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Zacks Research lowered shares of Super Hi International from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 1st. Weiss Ratings reissued a “sell (d)” rating on shares of Super Hi International in a research report on Wednesday, June 24th. Two equities research analysts have rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

Institutional Investors Weigh In On Super Hi International

A number of institutional investors have recently added to or reduced their stakes in HDL. XY Capital Ltd increased its stake in Super Hi International by 11.3% in 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 during the last quarter. Jane Street Group LLC lifted its position in shares of Super Hi International by 26.5% during the 4th quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock worth $342,000 after buying 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 in the 4th quarter worth approximately $52,000.

Super Hi International Stock Up 2.1%

Super Hi International stock traded up $0.28 during trading on Wednesday, hitting $13.40. 758 shares of the company were exchanged, compared to its average volume of 1,764. The company has a current ratio of 2.54, a quick ratio of 2.28 and a debt-to-equity ratio of 0.45. The business’s 50 day moving average is $12.95 and its 200 day moving average is $14.67. Super Hi International has a 52 week low of $12.00 and a 52 week high of $21.21. The company has a market capitalization of $871.21 million, a P/E ratio of 22.33 and a beta of -0.10.

Super Hi International (NASDAQ:HDL) 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). The firm had revenue of $225.93 million for the quarter, compared to analysts’ expectations of $215.58 million. Super Hi International had a return on equity of 7.38% and a net margin of 3.29%. Analysts predict that Super Hi International will post 0.66 earnings per share for the current 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.