Haidilao International Holding Ltd. (OTCMKTS:HDALF – Get Rating) was the target of a large decline in short interest in November. As of November 30th, there was short interest totalling 3,518,900 shares, a decline of 24.8% from the November 15th total of 4,677,600 shares. Based on an average daily volume of 400 shares, the short-interest ratio is presently 8,797.3 days.
Haidilao International Price Performance
Shares of OTCMKTS HDALF remained flat at $2.56 during midday trading on Friday. Haidilao International has a 12-month low of $1.44 and a 12-month high of $2.79. The stock has a 50-day simple moving average of $1.98 and a 200-day simple moving average of $2.05.
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Haidilao International Holding Ltd., an investment holding company, engages in the restaurant chain operation and delivery businesses. It operates a Haidilao branded Chinese cuisine restaurant that focuses on hot pot cuisine. The company is also involved in the sale of condiment products and food ingredients; logistics and wholesale trade activities; management consultation; financial management; provision of food research, development, and technology services; and trading businesses.Further Reading
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