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


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GreenTree Hospitality Group Ltd. (NYSE:GHG) was the target of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 52,300 shares, an increase of 34.8% from the March 15th total of 38,800 shares. Based on an average daily trading volume, of 18,300 shares, the short-interest ratio is presently 2.9 days.

Shares of GHG traded down $0.12 during trading hours on Friday, reaching $12.80. 9,316 shares of the company traded hands, compared to its average volume of 20,757. The stock’s fifty day moving average is $13.09 and its 200 day moving average is $13.14. GreenTree Hospitality Group has a 1-year low of $10.98 and a 1-year high of $15.17. The stock has a market cap of $1.31 billion, a P/E ratio of 36.57, a price-to-earnings-growth ratio of 1.21 and a beta of 0.79.

GreenTree Hospitality Group (NYSE:GHG) last released its quarterly earnings data on Tuesday, April 13th. The company reported $1.06 EPS for the quarter, missing analysts’ consensus estimates of $1.16 by ($0.10). GreenTree Hospitality Group had a return on equity of 17.60% and a net margin of 27.16%. Sell-side analysts predict that GreenTree Hospitality Group will post 0.43 EPS for the current fiscal year.

A number of research firms have issued reports on GHG. Zacks Investment Research lowered GreenTree Hospitality Group from a “hold” rating to a “sell” rating in a report on Friday, February 19th. TheStreet downgraded shares of GreenTree Hospitality Group from a “b-” rating to a “c” rating in a research note on Thursday, February 25th.

Institutional investors and hedge funds have recently made changes to their positions in the business. B. Metzler seel. Sohn & Co. Holding AG bought a new position in shares of GreenTree Hospitality Group during the fourth quarter valued at $369,000. Norges Bank acquired a new stake in shares of GreenTree Hospitality Group during the 4th quarter worth about $679,000. BCJ Capital Management LLC lifted its holdings in GreenTree Hospitality Group by 17.6% during the 4th quarter. BCJ Capital Management LLC now owns 14,595 shares of the company’s stock valued at $196,000 after purchasing an additional 2,188 shares during the last quarter. Prelude Capital Management LLC boosted its position in GreenTree Hospitality Group by 49.8% in the fourth quarter. Prelude Capital Management LLC now owns 26,967 shares of the company’s stock valued at $361,000 after buying an additional 8,967 shares in the last quarter. Finally, Ontario Teachers Pension Plan Board grew its stake in GreenTree Hospitality Group by 1.7% during the fourth quarter. Ontario Teachers Pension Plan Board now owns 2,134,830 shares of the company’s stock worth $28,607,000 after buying an additional 34,830 shares during the last quarter.

GreenTree Hospitality Group Company Profile

GreenTree Hospitality Group Ltd., through its subsidiaries, develops leased-and-operated, and franchised-and-managed hotels under the GreenTree brand in the People's Republic of China. As of December 31, 2019, it operated 34 leased-and-operated hotels; and had franchised-and-managed hotels network consisting of 3,957 hotels with 290,026 rooms in operation covering 339 cities in China, and an additional 949 hotels with 68,522 rooms that were contracted for or under development.

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