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

GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG) was the recipient of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 15,870 shares, a decrease of 41.7% from the September 30th total of 27,207 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 24,797 shares, the short-interest ratio is currently 0.6 days.

GreenTree Hospitality Group Stock Up 0.2%

GHG traded up $0.00 during trading on Tuesday, reaching $0.97. 23,995 shares of the stock were exchanged, compared to its average volume of 21,126. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.70 and a current ratio of 1.70. The stock’s 50 day moving average price is $1.01 and its two-hundred day moving average price is $1.19. The stock has a market cap of $97.97 million, a P/E ratio of 19.42 and a beta of 0.63. GreenTree Hospitality Group has a twelve month low of $0.91 and a twelve month high of $2.04.

GreenTree Hospitality Group (NYSE:GHG) last announced its quarterly earnings results on Monday, August 24th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.15). GreenTree Hospitality Group had a net margin of 4.14% and a return on equity of 2.49%. The business had revenue of $34.61 million for the quarter, compared to analyst estimates of $46.91 million.

Institutional Inflows and Outflows

An institutional investor 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 its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund 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 as of its most recent filing with the Securities and Exchange Commission (SEC). 8.05% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of GreenTree Hospitality Group in a research note on Friday, July 17th. One research analyst has rated the stock with a Sell rating. According to MarketBeat.com, GreenTree Hospitality Group currently has an average rating of “Sell”.

GreenTree Hospitality Group Company Profile

GreenTree Hospitality Group Ltd. is a China-based hotel management and franchising company. It develops and operates a portfolio of lodging brands serving business and leisure travelers, with offerings spanning economy, midscale and selected upscale hotel segments.

The company’s brand portfolio has included GreenTree Inn, GreenTree Alliance, Vatica, GME, Gya, Shell and other hospitality concepts. Its services generally include hotel franchising and management, reservation and membership platforms, marketing support, operating standards, technology systems, and assistance with procurement and other hotel-related functions.