Haidilao International Holding Ltd. (OTCMKTS:HDALF) Sees Significant Increase in Short Interest

Haidilao International Holding Ltd. (OTCMKTS:HDALF) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 1,482,000 shares, an increase of 485.8% from the March 31st total of 253,000 shares. Based on an average daily volume of 800 shares, the days-to-cover ratio is presently 1,852.5 days.

Haidilao International Stock Performance

Shares of Haidilao International stock traded down $0.29 on Friday, hitting $2.15. The company had a trading volume of 5,451 shares, compared to its average volume of 7,906. Haidilao International has a 1 year low of $1.70 and a 1 year high of $3.00. The stock has a 50 day moving average of $2.13 and a 200-day moving average of $2.07.

About Haidilao International

Haidilao International Holding Ltd., an investment holding company, engages in the restaurant chain 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.