GreenTree Hospitality Group Ltd. (NYSE:GHG) Short Interest Up 131.6% in May

GreenTree Hospitality Group Ltd. (NYSE:GHG - Get Free Report) was the target of a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 17,600 shares, an increase of 131.6% from the May 15th total of 7,600 shares. Based on an average daily volume of 25,500 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.2% of the shares of the stock are short sold.

GreenTree Hospitality Group Price Performance

NYSE:GHG traded up $0.05 during mid-day trading on Tuesday, reaching $2.06. 3,402 shares of the company were exchanged, compared to its average volume of 20,811. The company has a quick ratio of 1.53, a current ratio of 1.54 and a debt-to-equity ratio of 0.16. GreenTree Hospitality Group has a 12 month low of $1.93 and a 12 month high of $3.40. The stock has a market cap of $209.14 million, a PE ratio of 3.81 and a beta of 0.51. The company has a fifty day moving average of $2.08 and a 200 day moving average of $2.41.

GreenTree Hospitality Group (NYSE:GHG - Get Free Report) last announced its earnings results on Thursday, April 24th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.17). The company had revenue of $41.71 million for the quarter, compared to analyst estimates of $48.24 million. GreenTree Hospitality Group had a return on equity of 12.70% and a net margin of 13.93%.

Hedge Funds Weigh In On GreenTree Hospitality Group

A hedge fund recently raised its stake in GreenTree Hospitality Group stock. Genus Capital Management Inc. boosted its stake in shares of GreenTree Hospitality Group Ltd. (NYSE:GHG - Free Report) by 200.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,616 shares of the company's stock after purchasing an additional 31,232 shares during the quarter. Genus Capital Management Inc.'s holdings in GreenTree Hospitality Group were worth $38,000 at the end of the most recent reporting period. Institutional investors own 8.05% of the company's stock.

About GreenTree Hospitality Group

GreenTree Hospitality Group Ltd., through its subsidiaries, develops leased-and-operated, and franchised-and-managed hotels under the GreenTree Inns brand in the People's Republic of China. It also engages in investment holding activities; and provision of information technology services. The company was founded in 2004 and is headquartered in Shanghai, the People's Republic of China.