Super Hi International (NASDAQ:HDL) Sees Large Volume Increase – Here’s What Happened

Super Hi International Holding Ltd. (NASDAQ:HDL) shares saw unusually-strong trading volume on Friday . Approximately 11,224 shares were traded during mid-day trading, a decline of 21% from the previous session’s volume of 14,291 shares.The stock last traded at $23.35 and had previously closed at $23.71.

Super Hi International Price Performance

The business has a fifty day moving average price of $23.07 and a two-hundred day moving average price of $18.55. The company has a current ratio of 2.44, a quick ratio of 2.19 and a debt-to-equity ratio of 0.43.

Hedge Funds Weigh In On Super Hi International

Several large investors have recently made changes to their positions in the stock. XY Capital Ltd purchased a new stake in shares of Super Hi International in the 3rd quarter valued at $658,000. Ghisallo Capital Management LLC purchased a new stake in Super Hi International during the second quarter worth about $689,000. Millennium Management LLC acquired a new stake in shares of Super Hi International during the second quarter worth about $4,704,000. Finally, Hood River Capital Management LLC purchased a new position in shares of Super Hi International in the second quarter valued at approximately $1,060,000.

Super Hi International Company Profile

Super Hi International Holding Ltd., an investment holding company, operates Haidilao branded Chinese cuisine restaurants in Asia, North America, and internationally. The company is involved in the food delivery business. It also engages in sale of hot pot condiment products and food ingredients. The company was incorporated in 2022 and is based in Singapore.