Short Interest in Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) Grows By 454.0%

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) saw a significant 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. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 2,948 shares, the days-to-cover ratio is currently 1.9 days.

Wall Street Analyst Weigh In

HDL has been the subject of a number of research analyst 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 investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Reduce”.

Hedge Funds Weigh In On Super Hi International

Several institutional investors and hedge funds have recently bought and sold shares of the company. Jane Street Group LLC grew its holdings in Super Hi International by 26.5% during the fourth quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock valued at $342,000 after purchasing an additional 4,457 shares during the period. XY Capital Ltd grew its holdings in Super Hi International by 11.3% during the first quarter. XY Capital Ltd now owns 13,303 shares of the company’s stock valued at $194,000 after purchasing an additional 1,348 shares during the period. Finally, Bank of America Corp DE bought a new position in Super Hi International during the fourth quarter valued at $52,000.

Super Hi International Stock Performance

Shares of HDL traded down $0.11 on Friday, reaching $13.29. 4,892 shares of the company’s stock traded hands, compared to its average volume of 2,120. 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 stock has a market cap of $864.25 million, a PE ratio of 22.15 and a beta of -0.15. The stock’s 50 day simple moving average is $14.29 and its two-hundred day simple moving average is $15.99. Super Hi International has a 52-week low of $13.11 and a 52-week high of $21.21.

Super Hi International (NASDAQ:HDL) last issued its quarterly earnings results on Wednesday, May 20th. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.16). The business had revenue of $225.93 million for the quarter, compared to analysts’ expectations of $215.58 million. Super Hi International had a net margin of 3.29% and a return on equity of 7.38%. On average, analysts forecast that Super Hi International will post 0.66 earnings per share for the current fiscal year.

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.