Haidilao International Holding Ltd. (OTCMKTS:HDALF) Short Interest Up 485.8% in April

Haidilao International Holding Ltd. (OTCMKTS:HDALF) saw a significant increase in short interest in 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 currently 1,852.5 days.

Haidilao International Stock Performance

OTCMKTS HDALF remained flat at $2.44 during trading on Thursday. 8,000 shares of the company’s stock traded hands, compared to its average volume of 7,906. The stock has a 50 day simple moving average of $2.13 and a two-hundred day simple moving average of $2.07. Haidilao International has a 1-year low of $1.70 and a 1-year 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.