GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG) Sees Significant Decline in Short Interest

Key Points

• Short interest in GreenTree Hospitality Group Ltd. (NYSE:GHG) decreased by 20.0% from July to August, totaling 7,200 shares as of August 15th.
• Institutional investor Genus Capital Management Inc. increased its holdings in the company by 200.0%, owning 15,616 shares worth $38,000 as of the latest SEC filing.
• GreenTree's stock price remained flat at $2.04 during recent trading, with a market cap of $207.10 million and a PE ratio of 4.76.

GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG - Get Free Report) was the recipient of a significant decline in short interest during the month of August. As of August 15th, there was short interest totaling 7,200 shares, a decline of 20.0% from the July 31st total of 9,000 shares. Based on an average trading volume of 19,600 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 19,600 shares, the short-interest ratio is currently 0.4 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. boosted its holdings in GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG - Free Report) by 200.0% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor 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 quarter. 8.05% of the stock is owned by institutional investors and hedge funds.

GreenTree Hospitality Group Trading Up 7.2%

Shares of GHG stock traded up $0.15 during mid-day trading on Friday, reaching $2.24. 70,965 shares of the stock traded hands, compared to its average volume of 59,791. The stock's fifty day simple moving average is $2.22 and its two-hundred day simple moving average is $2.22. GreenTree Hospitality Group has a 1-year low of $1.81 and a 1-year high of $3.40. The company has a market cap of $227.41 million, a price-to-earnings ratio of 5.21 and a beta of 0.50. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 0.17.

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.