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

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

Institutional Investors Weigh In On GreenTree Hospitality Group

A hedge fund recently raised its stake in GreenTree Hospitality Group stock. Genus Capital Management Inc. increased its position in GreenTree Hospitality Group Ltd. (NYSE:GHG - Free Report) by 200.0% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. 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 as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 8.05% of the company's stock.

GreenTree Hospitality Group Price Performance

Shares of GHG traded up $0.01 during midday trading on Friday, reaching $2.05. The stock had a trading volume of 24,100 shares, compared to its average volume of 15,347. The company's 50-day moving average is $2.08 and its 200 day moving average is $2.42. GreenTree Hospitality Group has a 12-month low of $1.93 and a 12-month high of $3.40. The company has a current ratio of 1.54, a quick ratio of 1.53 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $207.62 million, a price-to-earnings ratio of 3.79 and a beta of 0.51.

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

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.