GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG) Shares Shorted: Short Interest Down 74.8% in October

GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG) was the recipient of a significant decrease in short interest during the month of October. As of October 30th, there was short interest totaling 3,998 shares, a decrease of 74.8% from the October 15th total of 15,870 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 62,672 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On GreenTree Hospitality Group

An institutional investor recently raised its stake in GreenTree Hospitality Group stock. Renaissance Technologies LLC grew its holdings in GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG) by 5.4% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 200,080 shares of the company’s stock after purchasing an additional 10,191 shares during the quarter. Renaissance Technologies LLC owned about 0.20% of GreenTree Hospitality Group worth $252,000 as of its most recent filing with the SEC. 8.05% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d)” rating on shares of GreenTree Hospitality Group in a report on Friday, July 17th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

GreenTree Hospitality Group Price Performance

Shares of GreenTree Hospitality Group stock opened at $1.05 on Thursday. The firm has a fifty day simple moving average of $1.00 and a 200-day simple moving average of $1.17. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 0.03. GreenTree Hospitality Group has a 1-year low of $0.91 and a 1-year high of $1.99. The stock has a market capitalization of $105.94 million, a price-to-earnings ratio of 21.20 and a beta of 0.65.

GreenTree Hospitality Group (NYSE:GHG) last posted its quarterly earnings data 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). The firm had revenue of $34.61 million for the quarter, compared to the consensus estimate of $46.91 million. GreenTree Hospitality Group had a return on equity of 2.49% and a net margin of 4.14%.

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.