Super Hi International (NASDAQ:HDL) Sees Unusually-High Trading Volume – What’s Next?

Super Hi International Holding Ltd. (NASDAQ:HDL) shares saw strong trading volume on Friday . 32,823 shares traded hands during mid-day trading, an increase of 2% from the previous session’s volume of 32,274 shares.The stock last traded at $16.83 and had previously closed at $15.92.

Super Hi International Price Performance

The company has a quick ratio of 2.11, a current ratio of 2.33 and a debt-to-equity ratio of 0.46. The company’s 50 day moving average is $15.38.

Hedge Funds Weigh In On Super Hi International

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Millennium Management LLC bought a new position in shares of Super Hi International in the second quarter worth $4,704,000. Hood River Capital Management LLC acquired a new stake in Super Hi International during the second quarter worth about $1,060,000. Finally, Ghisallo Capital Management LLC acquired a new stake in Super Hi International during the second quarter worth about $689,000.

About Super Hi International

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.