TH International Limited (NASDAQ:THCH) Sees Large Decrease in Short Interest

TH International Limited (NASDAQ:THCH) saw a large drop in short interest in December. As of December 15th, there was short interest totalling 60,400 shares, a drop of 67.0% from the November 30th total of 183,100 shares. Based on an average daily trading volume, of 142,800 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the company’s stock are sold short.

TH International Trading Up 2.7 %

TH International stock traded up $0.02 during mid-day trading on Friday, hitting $0.75. The company had a trading volume of 85,512 shares, compared to its average volume of 210,447. TH International has a 12 month low of $0.56 and a 12 month high of $1.81. The company has a market capitalization of $124.44 million, a PE ratio of -1.47 and a beta of 0.50. The stock’s 50 day moving average price is $0.76 and its two-hundred day moving average price is $0.72.

TH International (NASDAQ:THCH) last released its quarterly earnings data on Tuesday, November 12th. The company reported ($0.04) earnings per share for the quarter. The business had revenue of $51.28 million for the quarter.

Hedge Funds Weigh In On TH International

A hedge fund recently bought a new stake in TH International stock. Jane Street Group LLC bought a new position in TH International Limited (NASDAQ:THCH) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 50,122 shares of the company’s stock, valued at approximately $41,000. 91.85% of the stock is owned by institutional investors and hedge funds.

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.