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

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) was the recipient of a large decline in short interest in June. As of June 30th, there was short interest totaling 1,488 shares, a decline of 66.3% from the June 15th total of 4,421 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 1,368 shares, the short-interest ratio is presently 1.1 days.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on HDL shares. Zacks Research downgraded shares of Super Hi International from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 1st. Weiss Ratings reiterated a “sell (d)” rating on shares of Super Hi International in a report on Wednesday, June 24th. Two investment analysts have rated the stock with a Sell rating, According to MarketBeat, Super Hi International has an average rating of “Sell”.

Super Hi International Stock Performance

Shares of Super Hi International stock opened at $12.26 on Monday. 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 market capitalization of $797.01 million, a P/E ratio of 20.43 and a beta of -0.10. The business has a fifty day simple moving average of $13.15 and a two-hundred day simple moving average of $14.96. Super Hi International has a 12 month low of $12.00 and a 12 month high of $21.21.

Super Hi International (NASDAQ:HDL) last released its earnings results on Friday, May 15th. The company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.16). The business had revenue of $225.93 million during the quarter, compared to analysts’ expectations of $215.58 million. Super Hi International had a return on equity of 7.38% and a net margin of 3.29%. On average, equities analysts forecast that Super Hi International will post 0.66 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Super Hi International

Several large investors have recently made changes to their positions in the business. Bank of America Corp DE purchased a new position in shares of Super Hi International during the fourth quarter valued at approximately $52,000. XY Capital Ltd grew its stake in shares of Super Hi International by 15.9% in the 4th quarter. XY Capital Ltd now owns 11,955 shares of the company’s stock worth $192,000 after buying an additional 1,640 shares during the last quarter. Finally, Jane Street Group LLC increased its position in Super Hi International by 26.5% during 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 in the last quarter.

About Super Hi International

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.