Haidilao International Holding Ltd. (OTCMKTS:HDALF) Short Interest Down 34.0% in August

Haidilao International Holding Ltd. (OTCMKTS:HDALF) saw a significant decline in short interest in August. As of August 14th, there was short interest totaling 12,579,421 shares, a decline of 34.0% from the July 30th total of 19,050,212 shares. Based on an average daily volume of 50,835 shares, the short-interest ratio is presently 247.5 days.

Haidilao International Trading Down 5.7%

OTCMKTS:HDALF opened at $1.50 on Wednesday. Haidilao International has a 52-week low of $1.35 and a 52-week high of $2.41. The stock has a 50-day simple moving average of $1.52 and a 200 day simple moving average of $1.77.

About Haidilao International

Haidilao International Holding Ltd., an investment holding company, engages in the restaurant 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. In addition, the company is involved in the technology; hotel operation; property investment management and consulting; and trading businesses.