Short Interest in Happy City Holdings Limited (NASDAQ:HCHL) Increases By 211.8%

Happy City Holdings Limited (NASDAQ:HCHL) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 59,865 shares, an increase of 211.8% from the December 15th total of 19,197 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 281,632 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 281,632 shares, the short-interest ratio is presently 0.2 days. Approximately 0.3% of the company’s stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Happy City stock. Citadel Advisors LLC lifted 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 13F filing with the Securities & Exchange Commission. The fund owned 18,688 shares of the company’s stock after purchasing an additional 4,838 shares during the quarter. Citadel Advisors LLC owned approximately 0.10% of Happy City worth $63,000 as of its most recent SEC filing.

Happy City Trading Up 0.7%

Shares of NASDAQ:HCHL traded up $0.03 during trading on Thursday, reaching $4.45. 201,403 shares of the company traded hands, compared to its average volume of 543,829. The firm has a fifty day simple moving average of $3.71 and a 200 day simple moving average of $3.69. Happy City has a 1-year low of $2.26 and a 1-year high of $7.25.

Wall Street Analyst Weigh In

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