Happy City Holdings Limited (NASDAQ:HCHL) Short Interest Update

Happy City Holdings Limited (NASDAQ:HCHL) was the recipient of a large decrease in short interest in February. As of February 27th, there was short interest totaling 230,612 shares, a decrease of 21.8% from the February 12th total of 294,836 shares. Based on an average daily trading volume, of 106,537 shares, the days-to-cover ratio is currently 2.2 days. Approximately 1.2% of the shares of the company are sold short. Approximately 1.2% of the shares of the company are sold short. Based on an average daily trading volume, of 106,537 shares, the days-to-cover ratio is currently 2.2 days.

Hedge Funds Weigh In On Happy City

A hedge fund recently raised its stake in Happy City stock. Citadel Advisors LLC boosted its stake in shares of Happy City Holdings Limited (NASDAQ:HCHL) by 34.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,688 shares of the company’s stock after acquiring an additional 4,838 shares during the period. Citadel Advisors LLC owned 0.10% of Happy City worth $63,000 at the end of the most recent reporting period.

Happy City Stock Performance

Shares of NASDAQ:HCHL traded up $0.11 on Friday, reaching $1.18. 444,917 shares of the company’s stock were exchanged, compared to its average volume of 111,567. Happy City has a twelve month low of $0.80 and a twelve month high of $7.25. The company has a fifty day moving average of $2.08 and a 200-day moving average of $2.97.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e)” rating on shares of Happy City in a report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Happy City currently has an average rating of “Sell”.

About Happy City

Headquartered in Hong Kong, we are a restaurant operator that operates three all-you-can-eat hotpot restaurant through our wholly-owned Operating Subsidiaries in Hong Kong. We have been in the restaurant services industry serving the Hong Kong market for over 5 years, which is a relatively short operating history compared to some of our established competitors. Our restaurants serves all-you-can-eat Thai and Japanese hotpot to our customers under the brand names “Thai Pot” and “Gyu! Gyu! Shabu Shabu”.