Super Hi International Holding Ltd.’s Lock-Up Period Will End on November 13th (NASDAQ:HDL)

Super Hi International’s (NASDAQ:HDL) lock-up period is set to expire 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 expiration 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 Trading Down 1.1 %

Super Hi International stock opened at $16.83 on Wednesday. Super Hi International has a twelve month low of $13.94 and a twelve month high of $30.00. 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 firm has a 50 day moving average of $16.28.

Institutional Trading of Super Hi International

Several hedge funds and other institutional investors have recently modified their holdings of HDL. XY Capital Ltd bought a new position in shares of Super Hi International during the third quarter worth about $658,000. Ghisallo Capital Management LLC acquired a new position in Super Hi International during the 2nd quarter worth approximately $689,000. Millennium Management LLC bought a new position in shares of Super Hi International during the 2nd quarter worth approximately $4,704,000. Finally, Hood River Capital Management LLC acquired a new stake in shares of Super Hi International in the second quarter valued at approximately $1,060,000.

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.