Zazove Associates LLC Purchases 285,386 Shares of TH International Limited (NASDAQ:THCH)

Zazove Associates LLC raised its position in shares of TH International Limited (NASDAQ:THCHFree Report) by 26.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,376,465 shares of the company’s stock after acquiring an additional 285,386 shares during the quarter. Zazove Associates LLC’s holdings in TH International were worth $2,409,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of THCH. JPMorgan Chase & Co. acquired a new position in shares of TH International during the first quarter valued at about $26,000. Two Sigma Securities LLC acquired a new position in shares of TH International during the second quarter valued at about $53,000. XTX Topco Ltd acquired a new position in shares of TH International during the first quarter valued at about $63,000. Geode Capital Management LLC raised its holdings in shares of TH International by 29.7% during the fourth quarter. Geode Capital Management LLC now owns 22,867 shares of the company’s stock valued at $63,000 after purchasing an additional 5,233 shares during the period. Finally, UBS Group AG acquired a new position in shares of TH International during the third quarter valued at about $89,000. Institutional investors own 91.85% of the company’s stock.

TH International Price Performance

Shares of THCH remained flat at $1.04 on Wednesday. 173,591 shares of the company were exchanged, compared to its average volume of 150,805. TH International Limited has a 12 month low of $0.84 and a 12 month high of $5.14. The firm has a market cap of $44.84 million, a PE ratio of -1.36 and a beta of 0.36. The company has a fifty day moving average of $1.23 and a two-hundred day moving average of $1.56.

TH International Company Profile

(Free Report)

TH International Limited operates Tim Hortons coffee shops in mainland China, Hong Kong, and Macau. The company is based in Shanghai, the People's Republic of China. TH International Limited is a subsidiary of Tim Hortons Inc

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Institutional Ownership by Quarter for TH International (NASDAQ:THCH)

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