Short Interest in Happy City Holdings Limited (NASDAQ:HCHL) Declines By 16.1%

Happy City Holdings Limited (NASDAQ:HCHL) saw a significant drop in short interest in April. As of April 15th, there was short interest totaling 136,898 shares, a drop of 16.1% from the March 31st total of 163,176 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 26,873 shares, the short-interest ratio is presently 5.1 days.

Happy City Stock Performance

HCHL stock opened at $2.02 on Friday. Happy City has a 52-week low of $0.80 and a 52-week high of $7.25. The stock’s fifty day simple moving average is $1.36 and its 200-day simple moving average is $2.56.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Happy City stock. Quadrature Capital Ltd acquired a new position in Happy City Holdings Limited (NASDAQ:HCHL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 106,115 shares of the company’s stock, valued at approximately $415,000. Quadrature Capital Ltd owned approximately 0.55% of Happy City as of its most recent SEC filing.

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”.