Short Interest in Haidilao International Holding Ltd. (OTCMKTS:HDALF) Decreases By 29.6%

Haidilao International Holding Ltd. (OTCMKTS:HDALF) was the target of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 16,856,200 shares, a decrease of 29.6% from the August 31st total of 23,930,800 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 168,562.0 days. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 168,562.0 days.

Haidilao International Price Performance

Shares of HDALF opened at $1.70 on Wednesday. The company’s 50 day simple moving average is $1.67 and its 200 day simple moving average is $1.93. Haidilao International has a 1 year low of $1.48 and a 1 year high of $2.61.

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.