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

Shares of Super Hi International Holding Ltd. (NASDAQ:HDL) saw unusually-strong trading volume on Friday . Approximately 33,340 shares traded hands during mid-day trading, an increase of 11% from the previous session’s volume of 30,124 shares.The stock last traded at $19.80 and had previously closed at $16.93.

Super Hi International Price Performance

The firm’s 50-day moving average is $16.96. The company has a current ratio of 2.44, a quick ratio of 2.11 and a debt-to-equity ratio of 0.43.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Millennium Management LLC acquired a new position in Super Hi International during the 2nd quarter valued at about $4,704,000. Hood River Capital Management LLC bought a new stake in shares of Super Hi International in the 2nd quarter valued at about $1,060,000. Ghisallo Capital Management LLC bought a new stake in shares of Super Hi International in the 2nd quarter valued at about $689,000. Finally, XY Capital Ltd bought a new stake in shares of Super Hi International in the 3rd quarter valued at about $658,000.

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.