Zazove Associates LLC Has $2.41 Million Stock Holdings in TH International Limited (NASDAQ:THCH)

Zazove Associates LLC boosted its position in shares of TH International Limited (NASDAQ:THCH) by 26.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,376,465 shares of the company’s stock after buying an additional 285,386 shares during the quarter. Zazove Associates LLC owned approximately 3.19% of TH International worth $2,409,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. UBS Group AG bought a new stake in shares of TH International during the 3rd quarter valued at $89,000. Citadel Advisors LLC bought a new stake in shares of TH International during the 3rd quarter valued at $309,000. Geode Capital Management LLC raised its position in shares of TH International by 29.7% during the 4th quarter. Geode Capital Management LLC now owns 22,867 shares of the company’s stock valued at $63,000 after acquiring an additional 5,233 shares during the last quarter. Shay Capital LLC bought a new stake in shares of TH International during the 4th quarter valued at $128,000. Finally, Renaissance Technologies LLC bought a new stake in shares of TH International during the 1st quarter valued at $201,000. Institutional investors and hedge funds own 91.85% of the company’s stock.

TH International Price Performance

Shares of TH International stock remained flat at $1.04 on Wednesday. 173,591 shares of the company’s stock traded hands, compared to its average volume of 150,805. The firm has a 50 day moving average price of $1.23 and a 200-day moving average price of $1.56. The company has a market cap of $44.84 million, a PE ratio of -1.36 and a beta of 0.36. TH International Limited has a 52 week low of $0.84 and a 52 week high of $5.14.

TH International Company Profile

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