Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) Short Interest Down 66.3% in June

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) was the target of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 1,488 shares, a decline of 66.3% from the June 15th total of 4,421 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 1,368 shares, the days-to-cover ratio is currently 1.1 days.

Super Hi International Price Performance

Shares of HDL stock traded up $0.01 during mid-day trading on Wednesday, hitting $12.68. 1,234 shares of the stock were exchanged, compared to its average volume of 884. The firm has a fifty day moving average of $13.10 and a 200 day moving average of $14.90. The company has a quick ratio of 2.28, a current ratio of 2.54 and a debt-to-equity ratio of 0.45. Super Hi International has a 52-week low of $12.00 and a 52-week high of $21.21. The company has a market cap of $824.26 million, a PE ratio of 21.13 and a beta of -0.10.

Super Hi International (NASDAQ:HDL) last announced its quarterly earnings results on Friday, May 15th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.16). The business had revenue of $225.93 million during the quarter, compared to analysts’ expectations of $215.58 million. Super Hi International had a net margin of 3.29% and a return on equity of 7.38%. Research analysts anticipate that Super Hi International will post 0.66 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in HDL. Bank of America Corp DE acquired a new stake in Super Hi International in the 4th quarter valued at $52,000. XY Capital Ltd raised its position in Super Hi International by 15.9% during the fourth quarter. XY Capital Ltd now owns 11,955 shares of the company’s stock worth $192,000 after acquiring an additional 1,640 shares during the period. Finally, Jane Street Group LLC lifted its holdings in Super Hi International by 26.5% during the fourth quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock valued at $342,000 after purchasing an additional 4,457 shares in the last quarter.

Analysts Set New Price Targets

HDL has been the topic of several analyst reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Super Hi International in a report on Wednesday, June 24th. Zacks Research lowered Super Hi International from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 1st. Two investment analysts have rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

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.