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

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 end of Super Hi International’s lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

Super Hi International Stock Performance

NASDAQ HDL opened at $16.55 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.11 and a current ratio of 2.33. Super Hi International has a 1 year low of $13.94 and a 1 year high of $30.00. The business’s 50-day moving average is $16.35.

Hedge Funds Weigh In On Super Hi International

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

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.