TH International Limited (NASDAQ:THCH) Stock Short Interest Report for September

TH International Limited (NASDAQ:THCH) was the target of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 13,350 shares, a decline of 59.3% from the September 15th total of 32,796 shares. Based on an average daily trading volume, of 6,388 shares, the short-interest ratio is presently 2.1 days. Approximately 0.0% of the company’s shares are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of TH International in a research report on Friday, July 24th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

TH International Stock Up 6.4%

Shares of THCH stock traded up $0.07 on Tuesday, hitting $1.14. The stock had a trading volume of 533 shares, compared to its average volume of 7,579. TH International has a one year low of $1.00 and a one year high of $3.25. The business has a 50 day moving average price of $1.37 and a 200 day moving average price of $1.70. The company has a market cap of $37.86 million, a PE ratio of -0.49 and a beta of 0.52.

TH International (NASDAQ:THCH) last released its quarterly earnings data on Tuesday, August 18th. The company reported ($0.25) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.25). The business had revenue of $40.24 million for the quarter, compared to the consensus estimate of $42.14 million.

About TH International

TH International Limited, doing business as Tims China, is the exclusive master franchisee and operator of Tim Hortons coffee shops in mainland China. The company develops and manages the Tim Hortons brand in the Chinese market, with locations designed to serve customers in urban retail, business, transportation and community settings.

Its product offering generally includes brewed coffee, espresso-based beverages, tea, cold drinks, baked goods, sandwiches, breakfast items and other food products adapted for local consumer preferences.