Short Interest in Haidilao International Holding Ltd. (OTCMKTS:HDALF) Expands By 485.8%

Haidilao International Holding Ltd. (OTCMKTS:HDALF) was the target of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 1,482,000 shares, an increase of 485.8% from the March 31st total of 253,000 shares. Based on an average trading volume of 800 shares, the days-to-cover ratio is presently 1,852.5 days.

Haidilao International Stock Performance

Shares of HDALF remained flat at $2.15 during trading hours on Friday. The firm has a 50-day moving average of $2.14 and a 200 day moving average of $2.07. Haidilao International has a 52-week low of $1.70 and a 52-week high of $3.00.

Haidilao International Company Profile

Haidilao International Holding Ltd., an investment holding company, engages in the restaurant chain 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.