Happy City Holdings Limited (NASDAQ:HCHL) Short Interest Update

Happy City Holdings Limited (NASDAQ:HCHL) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 59,865 shares, a growth of 211.8% from the December 15th total of 19,197 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 281,632 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 281,632 shares, the short-interest ratio is currently 0.2 days. Currently, 0.3% of the shares of the company are sold short.

Happy City Trading Up 3.2%

NASDAQ HCHL traded up $0.14 on Wednesday, reaching $4.52. 709,261 shares of the company’s stock traded hands, compared to its average volume of 587,521. Happy City has a fifty-two week low of $2.26 and a fifty-two week high of $7.25. The stock has a 50 day moving average price of $3.68 and a 200-day moving average price of $3.69.

Institutional Trading of Happy City

An institutional investor recently raised its position in Happy City stock. Citadel Advisors LLC boosted its stake in shares of Happy City Holdings Limited (NASDAQ:HCHL) by 34.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,688 shares of the company’s stock after acquiring an additional 4,838 shares during the quarter. Citadel Advisors LLC owned 0.10% of Happy City worth $63,000 at the end of the most recent reporting period.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e)” rating on shares of Happy City in a report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

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”.