Short Interest in GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG) Increases By 77.8%

Key Points

• Short interest in GreenTree Hospitality Group Ltd. increased by 77.8% in August, reaching 12,800 shares from 7,200 shares previously.
• Genus Capital Management Inc. raised its stake in GreenTree Hospitality Group by 200.0%, now holding 15,616 shares valued at $38,000.
• The stock trades at $2.24, having experienced a 7.2% increase, with a market capitalization of $227.40 million.

GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG - ) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 12,800 shares, an increase of 77.8% from the August 15th total of 7,200 shares. Currently, 0.1% of the company's stock are short sold. Based on an average daily volume of 31,200 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 31,200 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company's stock are short sold.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in GreenTree Hospitality Group stock. Genus Capital Management Inc. boosted its position in shares of GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG - Free Report) by 200.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,616 shares of the company's stock after buying an additional 31,232 shares during the period. Genus Capital Management Inc.'s holdings in GreenTree Hospitality Group were worth $38,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 8.05% of the company's stock.

GreenTree Hospitality Group Stock Up 7.2%

GHG stock traded up $0.15 during trading on Friday, hitting $2.24. 70,965 shares of the company's stock were exchanged, compared to its average volume of 62,894. The business has a 50-day moving average price of $2.22 and a two-hundred day moving average price of $2.22. The stock has a market capitalization of $227.40 million, a price-to-earnings ratio of 5.21 and a beta of 0.50. GreenTree Hospitality Group has a 52-week low of $1.81 and a 52-week high of $3.40. The company has a current ratio of 1.57, a quick 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.

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