GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG) Short Interest Update

GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG) saw a large drop in short interest in September. As of September 15th, there was short interest totaling 25,389 shares, a drop of 42.1% from the August 31st total of 43,856 shares. Based on an average daily trading volume, of 9,629 shares, the days-to-cover ratio is currently 2.6 days. Approximately 0.2% of the company’s shares are sold short.

Institutional Inflows and Outflows

A hedge fund recently raised its position 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 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 200,080 shares of the company’s stock after buying an additional 10,191 shares during the period. Renaissance Technologies LLC owned approximately 0.20% of GreenTree Hospitality Group worth $252,000 at the end of the most recent quarter. 8.05% of the stock is currently owned by institutional investors and hedge funds.

GreenTree Hospitality Group Stock Down 2.4%

Shares of GHG traded down $0.03 during mid-day trading on Friday, hitting $1.00. The company’s stock had a trading volume of 1,909 shares, compared to its average volume of 18,152. The company’s 50-day moving average is $1.08 and its 200-day moving average is $1.15. GreenTree Hospitality Group has a 52-week low of $0.99 and a 52-week high of $2.31. The firm has a market capitalization of $101.40 million, a price-to-earnings ratio of 20.10 and a beta of 0.64. 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 (NYSE:GHG) last issued its quarterly earnings data on Monday, August 24th. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.15). The business had revenue of $34.61 million during 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%.

Wall Street Analyst Weigh In

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

About GreenTree Hospitality Group

GreenTree Hospitality Group Ltd. is a China-based hospitality company that develops, operates and franchises a portfolio of hotels and lodging facilities. Its business is primarily focused on asset-light franchise and management arrangements, under which the company provides branding, reservation systems, operating standards, training and other support services to hotel owners.

The company’s brand portfolio has included GreenTree Inns, GreenTree Alliance, Vatica and other hotel concepts designed to serve different customer segments, from value-oriented travelers to guests seeking midscale accommodations.