Super Hi International Holding Ltd. (NASDAQ:HDL) Short Interest Up 38.0% in March

Super Hi International Holding Ltd. (NASDAQ:HDL) was the target of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 6,900 shares, an increase of 38.0% from the March 15th total of 5,000 shares. Based on an average trading volume of 8,600 shares, the short-interest ratio is presently 0.8 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

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

Super Hi International Price Performance

Shares of Super Hi International stock opened at $19.68 on Friday. The firm has a market cap of $1.28 billion and a PE ratio of 65.61. The business has a 50-day moving average price of $23.24 and a 200 day moving average price of $22.19. The company has a quick ratio of 2.19, a current ratio of 2.44 and a debt-to-equity ratio of 0.43. Super Hi International has a twelve month low of $13.94 and a twelve month high of $30.00.

Super Hi International (NASDAQ:HDL) last announced its earnings results on Tuesday, March 25th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.37). The firm had revenue of $208.76 million for the quarter, compared to analyst estimates of $212.06 million. Sell-side analysts predict that Super Hi International will post 0.67 earnings per share for the current fiscal 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.