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

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

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued 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 MarketBeat, the company has an average rating of “Sell”.

Institutional Trading of GreenTree Hospitality Group

An institutional investor recently raised its stake in GreenTree Hospitality Group stock. Renaissance Technologies LLC boosted its stake in GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG) by 5.4% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor 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 SEC filing. 8.05% of the stock is owned by institutional investors and hedge funds.

GreenTree Hospitality Group Price Performance

NYSE GHG traded up $0.01 during trading hours on Thursday, reaching $1.01. The company’s stock had a trading volume of 6,254 shares, compared to its average volume of 18,239. GreenTree Hospitality Group has a 1 year low of $0.99 and a 1 year high of $2.31. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $102.41 million, a price-to-earnings ratio of 20.30 and a beta of 0.65. The firm’s 50-day moving average price is $1.08 and its 200-day moving average price is $1.15.

GreenTree Hospitality Group (NYSE:GHG) last announced its quarterly earnings data on Monday, August 24th. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 company had revenue of $34.61 million for the quarter, compared to analysts’ expectations of $46.91 million.

GreenTree Hospitality Group Company Profile

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.