Happy City Holdings Limited (NASDAQ:HCHL) Short Interest Update

Happy City Holdings Limited (NASDAQ:HCHL) saw a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 239,686 shares, an increase of 236.9% from the January 15th total of 71,136 shares. Approximately 1.2% of the shares of the company are sold short. Based on an average daily volume of 2,551,478 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 2,551,478 shares, the days-to-cover ratio is presently 0.1 days. Approximately 1.2% of the shares of the company are sold short.

Happy City Price Performance

NASDAQ HCHL remained flat at $1.00 on Friday. The company’s stock had a trading volume of 124,204 shares, compared to its average volume of 1,366,520. The stock’s fifty day moving average is $3.26 and its two-hundred day moving average is $3.32. Happy City has a 52-week low of $0.80 and a 52-week high of $7.25.

Institutional Investors Weigh In On Happy City

An institutional investor recently raised its position in Happy City stock. Citadel Advisors LLC boosted its holdings in shares of Happy City Holdings Limited (NASDAQ:HCHL) by 34.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,688 shares of the company’s stock after buying an additional 4,838 shares during the period. Citadel Advisors LLC owned approximately 0.10% of Happy City worth $63,000 as of its most recent SEC filing.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e)” rating on shares of Happy City in a research report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Happy City presently has a consensus rating of “Sell”.

Happy City Company Profile

Headquartered in Hong Kong, we are a restaurant operator that operates three all-you-can-eat hotpot restaurant through our wholly-owned Operating Subsidiaries in Hong Kong. We have been in the restaurant services industry serving the Hong Kong market for over 5 years, which is a relatively short operating history compared to some of our established competitors. Our restaurants serves all-you-can-eat Thai and Japanese hotpot to our customers under the brand names “Thai Pot” and “Gyu! Gyu! Shabu Shabu”.