Super Hi International Holding Ltd.’s Lock-Up Period Set To End Tomorrow (NASDAQ:HDL)

Super Hi International’s (NASDAQ:HDL) lock-up period is set to end on Wednesday, November 13th. Super Hi International had issued 2,692,700 shares in its public offering on May 17th. The total size of the offering was $52,669,212 based on an initial share price of $19.56. After the end of Super Hi International’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Super Hi International Stock Up 2.0 %

NASDAQ:HDL opened at $16.88 on Tuesday. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.33 and a quick ratio of 2.11. The business’s 50 day moving average is $16.35. Super Hi International has a fifty-two week low of $13.94 and a fifty-two week high of $30.00.

Institutional Investors Weigh In On Super Hi International

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

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.