Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) Stock Short Interest Declines 74.1%

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) saw a large drop in short interest in October. As of October 15th, there was short interest totaling 295 shares, a drop of 74.1% from the September 30th total of 1,137 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 955 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On Super Hi International

An institutional investor recently raised its position in Super Hi International stock. XY Capital Ltd grew its stake in Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) by 11.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,303 shares of the company’s stock after purchasing an additional 1,348 shares during the period. XY Capital Ltd’s holdings in Super Hi International were worth $194,000 as of its most recent filing with the Securities and Exchange Commission.

Super Hi International Stock Performance

Super Hi International stock traded up $0.38 during mid-day trading on Friday, reaching $10.28. The company’s stock had a trading volume of 254 shares, compared to its average volume of 1,340. The company has a current ratio of 2.50, a quick ratio of 2.25 and a debt-to-equity ratio of 0.47. Super Hi International has a twelve month low of $9.74 and a twelve month high of $18.33. The business has a 50 day moving average price of $11.72 and a 200-day moving average price of $13.83. The firm has a market cap of $668.18 million, a price-to-earnings ratio of 38.06 and a beta of -0.06.

Super Hi International (NASDAQ:HDL) last posted its earnings results on Thursday, August 27th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.06). Super Hi International had a net margin of 1.16% and a return on equity of 2.61%. The firm had revenue of $218.83 million for the quarter, compared to analyst estimates of $222.80 million. Sell-side analysts predict that Super Hi International will post 0.66 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on HDL. Zacks Research upgraded shares of Super Hi International from a “strong sell” rating to a “hold” rating in a research note on Thursday, July 30th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Super Hi International in a report on Monday, September 21st. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Reduce”.

About Super Hi International

Super Hi International Holding Ltd. is a restaurant company focused on operating Haidilao hot pot restaurants outside mainland China. Its restaurants offer Sichuan-style hot pot and related dishes, allowing customers to cook a selection of meats, seafood, vegetables, noodles and other ingredients at their tables. The company also emphasizes hospitality, restaurant service and an interactive dining experience.

The company was separated from Haidilao International Holding Ltd. and listed on the Nasdaq under the symbol HDL in 2022.