Haidilao International Holding Ltd. (OTCMKTS:HDALF) Sees Large Decline in Short Interest

Haidilao International Holding Ltd. (OTCMKTS:HDALF) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totalling 740,900 shares, a decline of 30.3% from the May 31st total of 1,063,600 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 7,409.0 days.

Haidilao International Stock Performance

OTCMKTS:HDALF remained flat at $1.64 during midday trading on Friday. Haidilao International has a 52 week low of $1.64 and a 52 week high of $3.00. The firm has a 50 day moving average price of $2.40 and a 200-day moving average price of $2.12.

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.