Haidilao International Holding Ltd. (OTCMKTS:HDALF) Short Interest Up 56.1% in November

Haidilao International Holding Ltd. (OTCMKTS:HDALF) was the recipient of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 7,145,500 shares, an increase 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 currently 392.6 days.

Haidilao International Stock Performance

Shares of OTCMKTS HDALF remained flat at $1.98 during mid-day trading on Friday. Haidilao International has a 52-week low of $1.30 and a 52-week high of $2.69. The business’s 50 day moving average is $2.05 and its 200 day moving average is $1.98.

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.