Hotel101 Global Holdings Corp. (NASDAQ:HBNB) Sees Large Decline in Short Interest

Key Points

• Short interest plunged 27.6% in March to 11,056 shares (from 15,270 on Feb. 26), leaving a short‑interest ratio of about 2.8 days and effectively 0.0% of shares shorted.
• Several hedge funds recently initiated modest stakes in HBNB — including Polar Asset Management, Alterna Wealth, Hudson Bay, Citadel Advisors and Yakira Capital — with individual positions in the roughly $32,000–$154,000 range.
• HBNB trades near $7.89 (12‑month range $1.55–$10.43) while Wall Street analysts maintain a consensus Sell rating on the stock.

Hotel101 Global Holdings Corp. (NASDAQ:HBNB - Get Free Report) was the recipient of a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 11,056 shares, a drop of 27.6% from the February 26th total of 15,270 shares. Based on an average daily volume of 3,892 shares, the short-interest ratio is currently 2.8 days. Approximately 0.0% of the company's shares are short sold.

Hedge Funds Weigh In On Hotel101 Global

A number of hedge funds have recently modified their holdings of the stock. Polar Asset Management Partners Inc. acquired a new stake in Hotel101 Global during the third quarter valued at $88,000. Alterna Wealth Management Inc. acquired a new position in Hotel101 Global in the 4th quarter worth about $154,000. Hudson Bay Capital Management LP acquired a new position in Hotel101 Global in the 3rd quarter worth about $62,000. Citadel Advisors LLC purchased a new stake in shares of Hotel101 Global during the 3rd quarter worth about $43,000. Finally, Yakira Capital Management Inc. purchased a new stake in shares of Hotel101 Global during the 3rd quarter worth about $32,000.

Hotel101 Global Stock Performance

Shares of HBNB stock traded up $0.12 during trading on Friday, hitting $7.89. 1,870 shares of the company were exchanged, compared to its average volume of 3,445. The business's 50-day moving average is $8.06. Hotel101 Global has a twelve month low of $1.55 and a twelve month high of $10.43.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on HBNB shares. Wall Street Zen upgraded Hotel101 Global to a "sell" rating in a report on Saturday, January 10th. Weiss Ratings initiated coverage on Hotel101 Global in a report on Monday, January 5th. They set a "sell (d)" rating on the stock. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of "Sell".

Hotel101 Global Company Profile

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.

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