Short Interest in Happy City Holdings Limited (NASDAQ:HCHL) Declines By 45.6%

Happy City Holdings Limited (NASDAQ:HCHL) was the recipient of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 185,099 shares, a decrease of 45.6% from the June 15th total of 340,492 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days. Currently, 1.0% of the company’s stock are short sold.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Happy City stock. Citadel Advisors LLC boosted its position in shares of Happy City Holdings Limited (NASDAQ:HCHL) by 34.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,688 shares of the company’s stock after purchasing an additional 4,838 shares during the period. Citadel Advisors LLC owned approximately 0.10% of Happy City worth $63,000 at the end of the most recent reporting period.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Happy City in a research report on Friday, May 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

Happy City Stock Performance

NASDAQ HCHL opened at $3.96 on Wednesday. Happy City has a fifty-two week low of $0.80 and a fifty-two week high of $7.25. The business has a 50 day moving average price of $3.65 and a two-hundred day moving average price of $2.59.

About Happy City

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”.