Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) Short Interest Up 454.0% in May

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) was the target of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 5,712 shares, an increase of 454.0% from the April 30th total of 1,031 shares. Based on an average daily trading volume, of 2,948 shares, the short-interest ratio is currently 1.9 days. Approximately 0.0% of the company’s shares are short sold.

Super Hi International Trading Down 0.8%

Shares of Super Hi International stock traded down $0.11 during mid-day trading on Friday, hitting $13.29. The stock had a trading volume of 4,892 shares, compared to its average volume of 2,120. The company has a quick ratio of 2.28, a current ratio of 2.54 and a debt-to-equity ratio of 0.45. The firm has a market cap of $864.25 million, a P/E ratio of 22.15 and a beta of -0.15. The firm has a 50-day moving average of $14.29 and a two-hundred day moving average of $15.99. Super Hi International has a 12-month low of $13.11 and a 12-month high of $21.21.

Super Hi International (NASDAQ:HDL) last posted its quarterly earnings data on Wednesday, May 20th. The company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.16). The company had revenue of $225.93 million for 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%. Sell-side analysts forecast that Super Hi International will post 0.66 earnings per share for the current year.

Hedge Funds Weigh In On Super Hi International

A number of hedge funds have recently made changes to their positions in HDL. Bank of America Corp DE purchased a new position in shares of Super Hi International during the 4th quarter worth approximately $52,000. XY Capital Ltd purchased a new position in shares of Super Hi International during the 3rd quarter worth approximately $186,000. Finally, Jane Street Group LLC boosted its position in shares of Super Hi International by 26.5% during the 4th quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock worth $342,000 after purchasing an additional 4,457 shares during the period.

Analyst Ratings Changes

HDL has been the subject of several analyst reports. Zacks Research raised shares of Super Hi International from a “strong sell” rating to a “hold” rating in a research note on Friday, May 8th. Weiss Ratings reissued a “sell (d)” rating on shares of Super Hi International in a research note on Friday, March 27th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

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.