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

Happy City Holdings Limited (NASDAQ:HCHLGet Free Report) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 185,099 shares, a drop of 45.6% from the June 15th total of 340,492 shares. Approximately 1.0% of the company’s shares are sold short. Based on an average daily volume of 0 shares, the short-interest ratio is currently ? days.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Research Report on HCHL

Institutional Inflows and Outflows

A hedge fund recently raised its position in Happy City stock. Citadel Advisors LLC grew its holdings in shares of Happy City Holdings Limited (NASDAQ:HCHLFree Report) by 34.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,688 shares of the company’s stock after buying 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 quarter.

Happy City Price Performance

NASDAQ HCHL opened at $3.96 on Wednesday. Happy City has a 1-year low of $0.80 and a 1-year high of $7.25. The business’s 50-day simple moving average is $3.65 and its 200-day simple moving average is $2.59.

About Happy City

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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”.

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