TH International Limited (NASDAQ:THCH) Short Interest Down 16.6% in October

TH International Limited (NASDAQ:THCH) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totalling 111,200 shares, a decline of 16.6% from the September 30th total of 133,300 shares. Based on an average daily volume of 70,200 shares, the short-interest ratio is currently 1.6 days. Approximately 0.3% of the shares of the company are sold short.

TH International Price Performance

Shares of THCH stock traded down $0.02 during trading hours on Tuesday, reaching $0.67. 47,457 shares of the company’s stock were exchanged, compared to its average volume of 219,064. TH International has a 1 year low of $0.57 and a 1 year high of $2.30. The company has a market cap of $111.58 million, a P/E ratio of -1.22 and a beta of 0.31. The company’s 50 day moving average is $0.70 and its two-hundred day moving average is $0.82.

TH International (NASDAQ:THCH) last released its earnings results on Thursday, August 29th. The company reported ($0.04) EPS for the quarter. The business had revenue of $50.48 million during the quarter.

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.