Hotel101 Global Holdings Corp. (NASDAQ:HBNB) Short Interest Update

Hotel101 Global Holdings Corp. (NASDAQ:HBNB) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 18,440 shares, a growth of 35.6% from the November 30th total of 13,594 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 32,504 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily trading volume, of 32,504 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in HBNB. Yakira Capital Management Inc. purchased a new position in shares of Hotel101 Global in the 3rd quarter worth about $32,000. Citadel Advisors LLC purchased a new stake in shares of Hotel101 Global during the 3rd quarter worth about $43,000. Hudson Bay Capital Management LP acquired a new stake in Hotel101 Global during the 3rd quarter worth approximately $62,000. Finally, Polar Asset Management Partners Inc. purchased a new position in Hotel101 Global in the third quarter valued at approximately $88,000.

Hotel101 Global Price Performance

Shares of NASDAQ:HBNB traded down $0.11 during trading on Tuesday, reaching $7.45. The stock had a trading volume of 75,842 shares, compared to its average volume of 18,742. The firm’s fifty day moving average is $6.50. Hotel101 Global has a fifty-two week low of $1.55 and a fifty-two week high of $8.31.

Analyst Ratings Changes

Separately, Wall Street Zen raised shares of Hotel101 Global to a “hold” rating in a research note on Friday, October 10th.

About Hotel101 Global

Hotel101 Global, Inc, listed on NASDAQ under the symbol HBNB, is a hospitality company specializing in the ownership, development, and operation of midscale hotels and hotel-branded residences. The company’s flagship brand, Hotel101, offers standardized guest rooms, on-site dining, and meeting facilities designed to serve both business and leisure travelers. Since commencing operations in 2021, Hotel101 Global has focused on a growth strategy that combines new property development with franchising agreements to expand its brand footprint.

Through its operating subsidiaries, Hotel101 Global maintains a portfolio of properties primarily in the Philippines, with key locations in Metro Manila, Bacolod, Iloilo, and Clark, Pampanga.