TH International Limited (NASDAQ:THCH) Short Interest Update

TH International Limited (NASDAQ:THCH) saw a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 14,000 shares, an increase of 55.6% from the February 13th total of 9,000 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 17,700 shares, the short-interest ratio is presently 0.8 days.

TH International Stock Up 1.7 %

NASDAQ:THCH traded up $0.06 during trading hours on Friday, reaching $3.26. 3,603 shares of the stock were exchanged, compared to its average volume of 39,711. The firm has a 50 day simple moving average of $3.15 and a 200-day simple moving average of $12.78. TH International has a 52 week low of $2.78 and a 52 week high of $7.20. The stock has a market capitalization of $108.05 million, a P/E ratio of -1.28 and a beta of 0.52.

Institutional Inflows and Outflows

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

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.