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GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG) Short Interest Up 54.0% in August

GreenTree Hospitality Group logo with Consumer Discretionary background
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Key Points

  • Short interest jumped 54% in August to 26,662 shares, representing 0.2% of GreenTree Hospitality Group’s outstanding shares and 2.8 days to cover.
  • Renaissance Technologies increased its stake by 5.4% to 200,080 shares, while institutional investors and hedge funds collectively own 8.05% of the company.
  • The stock fell to $1.06, near its 52-week low, after the company reported quarterly EPS of $0.03 versus expectations of $0.18 and revenue of $34.61 million versus the $46.91 million consensus estimate; the average analyst rating remains “Sell.”
  • MarketBeat previews top five stocks to own in October.

GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG - Get Free Report) was the recipient of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 26,662 shares, a growth of 54.0% from the July 30th total of 17,309 shares. Based on an average trading volume of 9,663 shares, the days-to-cover ratio is presently 2.8 days. Currently, 0.2% of the company's shares are sold short.

Institutional Trading of GreenTree Hospitality Group

A hedge fund recently raised its stake in GreenTree Hospitality Group stock. Renaissance Technologies LLC grew its holdings in GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG - Free Report) by 5.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 200,080 shares of the company's stock after acquiring an additional 10,191 shares during the period. Renaissance Technologies LLC owned 0.20% of GreenTree Hospitality Group worth $252,000 as of its most recent SEC filing. 8.05% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a "sell (d)" rating on shares of GreenTree Hospitality Group in a report on Friday, July 17th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, GreenTree Hospitality Group currently has an average rating of "Sell".

Read Our Latest Research Report on GHG

GreenTree Hospitality Group Stock Down 0.5%

Shares of GreenTree Hospitality Group stock traded down $0.01 during midday trading on Tuesday, hitting $1.06. The company had a trading volume of 323 shares, compared to its average volume of 19,246. GreenTree Hospitality Group has a 52-week low of $1.05 and a 52-week high of $2.57. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.70 and a current ratio of 1.70. The company has a 50 day moving average of $1.13 and a 200 day moving average of $1.21. The stock has a market capitalization of $107.46 million, a P/E ratio of 21.30 and a beta of 0.67.

GreenTree Hospitality Group (NYSE:GHG - Get Free Report) last announced its quarterly earnings results 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). The firm 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%.

GreenTree Hospitality Group Company Profile

(Get Free Report)

GreenTree Hospitality Group is a hospitality franchise and management company headquartered in Shanghai, China. The company focuses on economy and midscale hotels, offering a network of lodging solutions that cater to budget-conscious business and leisure travelers. GreenTree's core services include hotel management, franchising support, and technology-driven operational platforms designed to standardize quality and drive efficiency across its portfolio.

The company's brand portfolio encompasses several tiers, including its flagship GreenTree Inn economy brand and higher‐end midscale offerings under names such as GreenTree Eastern House.

Further Reading

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