Short Interest in TH International Limited (NASDAQ:THCH) Decreases By 16.4%

TH International Limited (NASDAQ:THCH) was the target of a large decline in short interest in November. As of November 15th, there was short interest totalling 94,500 shares, a decline of 16.4% from the October 31st total of 113,000 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average trading volume of 140,400 shares, the days-to-cover ratio is currently 0.7 days.

TH International Stock Down 2.9 %

THCH opened at $0.90 on Monday. The firm has a market capitalization of $149.33 million, a P/E ratio of -1.76 and a beta of 0.33. The firm’s 50 day moving average is $0.76 and its 200-day moving average is $0.76. TH International has a 52-week low of $0.57 and a 52-week high of $2.30.

TH International (NASDAQ:THCH) last released its quarterly earnings results on Thursday, August 29th. The company reported ($0.04) EPS for the quarter. The company had revenue of $50.48 million during the quarter.

Institutional Trading of TH International

An institutional investor recently bought a new position in TH International stock. Jane Street Group LLC purchased a new position in TH International Limited (NASDAQ:THCH) in the third quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 50,122 shares of the company’s stock, valued at approximately $41,000. Institutional investors and hedge funds own 91.85% of the company’s stock.

TH International Company Profile

TH International Limited operates Tim Hortons coffee shops in mainland China, Hong Kong, and Macau. The company offers brewed tea, coffee, milk tea, lemonade, hot chocolate, and coffee drinks. It is also involved in franchise related business. The company is based in Shanghai, the People's Republic of China.