TH International Limited (NASDAQ:THCH) Short Interest Update

TH International Limited (NASDAQ:THCH) was the target of a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 60,400 shares, a decrease of 67.0% from the November 30th total of 183,100 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 142,800 shares, the days-to-cover ratio is currently 0.4 days.

Hedge Funds Weigh In On TH International

A hedge fund recently bought a new stake in TH International stock. Jane Street Group LLC purchased a new position in TH International Limited (NASDAQ:THCH) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 50,122 shares of the company’s stock, valued at approximately $41,000. Institutional investors and hedge funds own 91.85% of the company’s stock.

TH International Price Performance

NASDAQ:THCH traded up $0.02 during mid-day trading on Thursday, reaching $0.74. The stock had a trading volume of 11,163 shares, compared to its average volume of 210,894. The business’s 50 day moving average is $0.76 and its 200 day moving average is $0.72. TH International has a fifty-two week low of $0.56 and a fifty-two week high of $1.82. The stock has a market cap of $123.41 million, a P/E ratio of -1.46 and a beta of 0.50.

TH International (NASDAQ:THCH) last posted its earnings results on Tuesday, November 12th. The company reported ($0.04) EPS for the quarter. The firm had revenue of $51.28 million for the quarter.

TH International Company Profile

TH International Limited operates Tim Hortons coffee shops in mainland China, Hong Kong, and Macau. The company offers brewed tea, coffee, milk tea, lemonade, hot chocolate, and coffee drinks. It is also involved in franchise related business. The company is based in Shanghai, the People's Republic of China.