Haidilao International Holding Ltd. (OTCMKTS:HDALF) Short Interest Up 95.5% in May

Haidilao International Holding Ltd. (OTCMKTS:HDALF – Get Rating) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 9,506,300 shares, a growth of 95.5% from the April 30th total of 4,862,300 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Haidilao International Trading Down 0.9 %

OTCMKTS:HDALF traded down $0.02 during midday trading on Friday, reaching $2.33. 100 shares of the stock traded hands, compared to its average volume of 1,794. Haidilao International has a 12 month low of $1.58 and a 12 month high of $3.26. The company has a fifty day moving average of $2.41 and a 200 day moving average of $2.53.

Analysts Set New Price Targets

Separately, CLSA lowered shares of Haidilao International from an “outperform” rating to an “underperform” rating in a report on Wednesday, March 15th.

Haidilao International Company Profile

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Haidilao International Holding Ltd. operates as an investment holding company. The firm engages in restaurants operation and relevant delivery businesses. It focuses on Chinese cuisine restaurant brand on hot pot cuisine. The company was founded by Li Hai Yan, Shi Yong Hong, Shu Ping and Zhang Young on July 14, 2015 and is headquartered in Beijing, China.