Haidilao International Holding Ltd. (OTCMKTS:HDALF – Get Rating) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 7,775,300 shares, an increase of 121.0% from the November 30th total of 3,518,900 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is currently 25,917.7 days.
Haidilao International Price Performance
HDALF stock remained flat at $3.11 on Friday. Haidilao International has a twelve month low of $1.44 and a twelve month high of $3.15. The firm's 50 day moving average price is $2.14 and its two-hundred day moving average price is $2.11.
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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.Recommended Stories
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