TH International Limited (NASDAQ:THCH – Get Free Report) saw a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 183,100 shares, a growth of 93.8% from the November 15th total of 94,500 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 137,600 shares, the short-interest ratio is presently 1.3 days.
Institutional Trading of TH International
A hedge fund recently bought a new stake in TH International stock. Jane Street Group LLC purchased a new position in TH International Limited (NASDAQ:THCH – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 50,122 shares of the company’s stock, valued at approximately $41,000. Institutional investors own 91.85% of the company’s stock.
TH International Stock Down 1.7 %
NASDAQ:THCH traded down $0.01 on Friday, reaching $0.65. 19,150 shares of the company’s stock traded hands, compared to its average volume of 215,508. The stock has a 50-day simple moving average of $0.77 and a 200-day simple moving average of $0.74. TH International has a 12 month low of $0.57 and a 12 month high of $1.82. The firm has a market cap of $107.68 million, a PE ratio of -1.27 and a beta of 0.50.
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.
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