Short Interest in Haidilao International Holding Ltd. (OTCMKTS:HDALF) Drops By 12.7%

Haidilao International Holding Ltd. (OTCMKTS:HDALF) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 6,046,300 shares, a decline of 12.7% from the December 15th total of 6,928,800 shares. Based on an average daily volume of 4,000 shares, the days-to-cover ratio is presently 1,511.6 days.

Haidilao International Price Performance

OTCMKTS:HDALF remained flat at $1.77 during trading hours on Friday. Haidilao International has a fifty-two week low of $1.30 and a fifty-two week high of $2.69. The firm’s fifty day simple moving average is $2.04 and its 200-day simple moving average is $1.88.

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.