Short Interest in Haidilao International Holding Ltd. (OTCMKTS:HDALF) Drops By 12.7%

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

Haidilao International Stock Performance

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

About Haidilao International

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.