GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG) Sees Large Drop in Short Interest

GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG) was the target of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 8,518 shares, a decline of 64.0% from the May 14th total of 23,677 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 38,161 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in GreenTree Hospitality Group stock. Renaissance Technologies LLC lifted its stake in shares of GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG) by 5.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 200,080 shares of the company’s stock after acquiring an additional 10,191 shares during the quarter. Renaissance Technologies LLC owned approximately 0.20% of GreenTree Hospitality Group worth $252,000 at the end of the most recent reporting period. 8.05% of the stock is currently owned by institutional investors.

GreenTree Hospitality Group Stock Performance

Shares of NYSE:GHG traded down $0.01 during mid-day trading on Friday, reaching $1.14. 13,866 shares of the company traded hands, compared to its average volume of 21,606. The company’s 50 day moving average price is $1.21 and its 200-day moving average price is $1.43. The firm has a market cap of $114.52 million, a PE ratio of -113.50 and a beta of 0.62. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.61 and a quick ratio of 1.60. GreenTree Hospitality Group has a 52 week low of $1.11 and a 52 week high of $2.78.

GreenTree Hospitality Group (NYSE:GHG) last announced its quarterly earnings data on Wednesday, April 29th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.23). The company had revenue of $32.68 million during the quarter, compared to the consensus estimate of $39.60 million.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d)” rating on shares of GreenTree Hospitality Group in a research note on Tuesday, April 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

About GreenTree Hospitality Group

GreenTree Hospitality Group is a hospitality franchise and management company headquartered in Shanghai, China. The company focuses on economy and midscale hotels, offering a network of lodging solutions that cater to budget-conscious business and leisure travelers. GreenTree’s core services include hotel management, franchising support, and technology-driven operational platforms designed to standardize quality and drive efficiency across its portfolio.

The company’s brand portfolio encompasses several tiers, including its flagship GreenTree Inn economy brand and higher?end midscale offerings under names such as GreenTree Eastern House.