TH International Limited (NASDAQ:THCH) Short Interest Down 16.4% in November

TH International Limited (NASDAQ:THCH) was the recipient of a large decline in short interest in November. As of November 15th, there was short interest totalling 94,500 shares, a decline of 16.4% from the October 31st total of 113,000 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 140,400 shares, the short-interest ratio is currently 0.7 days.

Hedge Funds Weigh In On TH International

A hedge fund recently bought a new stake in TH International stock. Jane Street Group LLC bought a new stake in shares of TH International Limited (NASDAQ:THCH) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 50,122 shares of the company’s stock, valued at approximately $41,000. 91.85% of the stock is owned by institutional investors.

TH International Stock Performance

Shares of THCH opened at $0.90 on Friday. The firm’s 50-day simple moving average is $0.76 and its two-hundred day simple moving average is $0.76. TH International has a fifty-two week low of $0.57 and a fifty-two week high of $2.30. The stock has a market cap of $149.33 million, a PE ratio of -1.76 and a beta of 0.33.

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.

About TH International

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.