TH International Limited (NASDAQ:THCH) Short Interest Update

TH International Limited (NASDAQ:THCH – Get Free Report) saw a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 34,514 shares, a decline of 36.2% from the August 15th total of 54,076 shares. Based on an average trading volume of 14,775 shares, the days-to-cover ratio is presently 2.3 days. Currently, 0.1% of the shares of the stock are sold short.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of TH International in a research report on Friday, July 24th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

Get TH International alerts:

View Our Latest Stock Analysis on THCH

TH International Stock Up 8.8%

Shares of THCH stock traded up $0.11 during mid-day trading on Thursday, hitting $1.40. 589 shares of the company’s stock were exchanged, compared to its average volume of 7,626. TH International has a fifty-two week low of $1.09 and a fifty-two week high of $3.25. The stock has a 50-day simple moving average of $1.55 and a two-hundred day simple moving average of $1.81. The stock has a market cap of $46.67 million, a price-to-earnings ratio of -0.63 and a beta of 0.48.

TH International (NASDAQ:THCH – Get Free Report) last announced its quarterly earnings data on Tuesday, August 18th. The company reported ($0.25) EPS for the quarter, meeting analysts’ consensus estimates of ($0.25). The business had revenue of $40.24 million during the quarter, compared to analysts’ expectations of $42.14 million.

About TH International

(Get Free Report)

TH International Limited, doing business as Tims China, is the exclusive master franchisee of the Tim Hortons brand in China. The company develops and operates Tim Hortons restaurants and manages the brand’s expansion across the Chinese market.

Its restaurants serve coffee, tea, other beverages, baked goods, sandwiches, breakfast items and snacks. Tims China also supports its business through digital ordering, delivery and customer loyalty services, offering products through restaurants and other retail channels.

TH International was established in 2018 as a joint venture involving Restaurant Brands International, the parent company of Tim Hortons, and Cartesian Capital Group.

See Also

• Five stocks we like better than TH International
• Can ServisFirst Keep Delivering?
• CoreWeave’s Vera Rubin Lead Comes Down to Speed, Power, and Scale
• Micron’s New 512GB Memory Module Deepens Its AI Infrastructure Advantage
• Banc of California Bets on Short-Term Pain

Receive News & Ratings for TH International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TH International and related companies with MarketBeat.com's FREE daily email newsletter.