Happy City Holdings Limited (NASDAQ:HCHL) Sees Large Growth in Short Interest
by Amy Steele · The Cerbat GemHappy City Holdings Limited (NASDAQ:HCHL – Get Free Report) saw a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 294,836 shares, an increase of 23.0% from the January 29th total of 239,686 shares. Based on an average trading volume of 942,137 shares, the short-interest ratio is presently 0.3 days. Approximately 1.5% of the shares of the company are short sold. Approximately 1.5% of the shares of the company are short sold. Based on an average trading volume of 942,137 shares, the short-interest ratio is presently 0.3 days.
Happy City Trading Up 1.0%
NASDAQ:HCHL opened at $1.03 on Thursday. Happy City has a 1 year low of $0.80 and a 1 year high of $7.25. The firm’s fifty day simple moving average is $2.48 and its 200 day simple moving average is $3.08.
Institutional Trading of Happy City
An institutional investor recently raised its position in Happy City stock. Citadel Advisors LLC grew its holdings in Happy City Holdings Limited (NASDAQ:HCHL – Free Report) by 34.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 18,688 shares of the company’s stock after purchasing an additional 4,838 shares during the quarter. Citadel Advisors LLC owned approximately 0.10% of Happy City worth $63,000 at the end of the most recent reporting period.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings restated a “sell (e)” rating on shares of Happy City in a research report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat, Happy City presently has an average rating of “Sell”.
Get Our Latest Research Report on Happy City
About Happy City
Headquartered in Hong Kong, we are a restaurant operator that operates three all-you-can-eat hotpot restaurant through our wholly-owned Operating Subsidiaries in Hong Kong. We have been in the restaurant services industry serving the Hong Kong market for over 5 years, which is a relatively short operating history compared to some of our established competitors. Our restaurants serves all-you-can-eat Thai and Japanese hotpot to our customers under the brand names “Thai Pot” and “Gyu! Gyu! Shabu Shabu”.