TH International Limited (NASDAQ:THCH) Short Interest Update

TH International Limited (NASDAQ:THCH) was the target of a large increase in short interest in February. As of February 27th, there was short interest totaling 73,559 shares, an increase of 130.5% from the February 12th total of 31,918 shares. Based on an average daily trading volume, of 7,541 shares, the short-interest ratio is presently 9.8 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 7,541 shares, the short-interest ratio is presently 9.8 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of TH International in a research report on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

Hedge Funds Weigh In On TH International

An institutional investor recently raised its position in TH International stock. Citadel Advisors LLC increased its holdings in TH International Limited (NASDAQ:THCH) by 51.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,033 shares of the company’s stock after acquiring an additional 9,227 shares during the quarter. Citadel Advisors LLC owned about 0.08% of TH International worth $71,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 91.85% of the company’s stock.

TH International Stock Up 5.4%

THCH traded up $0.11 during midday trading on Friday, hitting $2.13. The stock had a trading volume of 978 shares, compared to its average volume of 8,139. TH International has a 1 year low of $1.68 and a 1 year high of $3.50. The business has a fifty day moving average of $2.09 and a 200 day moving average of $2.37.

TH International (NASDAQ:THCH) last released its quarterly earnings data on Tuesday, December 9th. The company reported ($0.23) EPS for the quarter, missing the consensus estimate of ($0.14) by ($0.09). The firm had revenue of $50.29 million during the quarter, compared to analysts’ expectations of $55.48 million.

TH International Company Profile

TH International Limited operates Tim Hortons coffee shops in mainland China, Hong Kong, and Macau. The company offers brewed tea, coffee, milk tea, lemonade, hot chocolate, and coffee drinks. It is also involved in franchise related business. The company is based in Shanghai, the People's Republic of China.