Haidilao International Holding Ltd. (OTCMKTS:HDALF) Short Interest Update

Haidilao International Holding Ltd. (OTCMKTS:HDALFGet Free Report) was the recipient of a significant drop in short interest in December. As of December 31st, there was short interest totalling 6,046,300 shares, a drop of 12.7% from the December 15th total of 6,928,800 shares. Based on an average daily volume of 4,000 shares, the days-to-cover ratio is presently 1,511.6 days.

Haidilao International Stock Performance

Shares of Haidilao International stock opened at $1.77 on Friday. Haidilao International has a 12-month low of $1.30 and a 12-month high of $2.69. The business’s 50 day moving average is $2.04 and its 200-day moving average is $1.88.

About Haidilao International

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Haidilao International Holding Ltd., an investment holding company, engages in the restaurant operation and delivery businesses. The company through operates through Restaurant Operation, Delivery Business, and Sales of Condiment Products and Food Ingredients segments. It also operates a Haidilao branded Chinese cuisine restaurant that offers hot pot cuisine.

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