Happy City Holdings Limited (NASDAQ:HCHL – Get Free Report) saw a large drop in short interest in June. As of June 30th, there was short interest totaling 185,099 shares, a drop of 45.6% from the June 15th total of 340,492 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days. Currently, 1.0% of the shares of the stock are short sold.
Institutional Investors Weigh In On Happy City
A hedge fund recently raised its position in Happy City stock. Citadel Advisors LLC increased its position in Happy City Holdings Limited (NASDAQ:HCHL – Free Report) by 34.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,688 shares of the company’s stock after buying an additional 4,838 shares during the period. Citadel Advisors LLC owned 0.10% of Happy City worth $63,000 at the end of the most recent reporting period.
Analysts Set New Price Targets
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Happy City in a report on Friday, May 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.
Happy City Price Performance
Shares of NASDAQ:HCHL remained flat at $3.96 during trading on Friday. The business has a 50-day moving average of $3.73 and a 200-day moving average of $2.59. Happy City has a twelve month low of $0.80 and a twelve month high of $7.25.
Happy City Company Profile
Headquartered in Hong Kong, we are a restaurant operator that operates three all-you-can-eat hotpot restaurant through our wholly-owned Operating Subsidiaries in Hong Kong. We have been in the restaurant services industry serving the Hong Kong market for over 5 years, which is a relatively short operating history compared to some of our established competitors. Our restaurants serves all-you-can-eat Thai and Japanese hotpot to our customers under the brand names “Thai Pot” and “Gyu! Gyu! Shabu Shabu”.
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