Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) Sees Large Growth in Short Interest

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 5,712 shares, a growth of 454.0% from the April 30th total of 1,031 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 2,948 shares, the days-to-cover ratio is presently 1.9 days.

Super Hi International Price Performance

Shares of HDL traded up $0.30 during mid-day trading on Thursday, hitting $13.69. The company’s stock had a trading volume of 1,531 shares, compared to its average volume of 1,952. The company has a current ratio of 2.54, a quick ratio of 2.28 and a debt-to-equity ratio of 0.45. The firm has a 50-day simple moving average of $14.37 and a 200 day simple moving average of $16.04. The firm has a market capitalization of $889.94 million, a P/E ratio of 22.81 and a beta of -0.15. Super Hi International has a 1-year low of $13.11 and a 1-year high of $21.21.

Super Hi International (NASDAQ:HDL) last posted its quarterly earnings results on Wednesday, May 20th. The company reported $0.10 EPS 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 analyst estimates of $215.58 million. Super Hi International had a net margin of 3.29% and a return on equity of 7.38%. Analysts predict that Super Hi International will post 0.66 EPS for the current fiscal year.

Institutional Trading of Super Hi International

Several hedge funds have recently modified their holdings of HDL. Bank of America Corp DE acquired a new stake in shares of Super Hi International in the 4th quarter valued at approximately $52,000. XY Capital Ltd acquired a new stake in shares of Super Hi International in the 3rd quarter valued at approximately $186,000. Finally, Jane Street Group LLC lifted its holdings in shares of Super Hi International by 26.5% in the 4th quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock valued at $342,000 after buying an additional 4,457 shares during the period.

Wall Street Analysts Forecast Growth

HDL has been the subject of a number of recent research reports. Zacks Research raised Super Hi International from a “strong sell” rating to a “hold” rating in a research report on Friday, May 8th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Super Hi International in a research report on Friday, March 27th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce”.

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.