Haidilao International Holding Ltd. (OTCMKTS:HDALF) Short Interest Down 34.0% in August

Haidilao International Holding Ltd. (OTCMKTS:HDALF) was the target of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 12,579,421 shares, a decrease of 34.0% from the July 30th total of 19,050,212 shares. Based on an average trading volume of 50,835 shares, the short-interest ratio is currently 247.5 days.

Haidilao International Price Performance

OTCMKTS:HDALF opened at $1.50 on Thursday. Haidilao International has a fifty-two week low of $1.35 and a fifty-two week high of $2.41. The company has a 50 day simple moving average of $1.52 and a two-hundred day simple moving average of $1.76.

Haidilao International Company Profile

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. In addition, the company is involved in the technology; hotel operation; property investment management and consulting; and trading businesses.