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Short Interest in GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG) Rises By 72.4%

GreenTree Hospitality Group logo with Consumer Discretionary background
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Key Points

  • Short interest in GreenTree Hospitality Group rose 72.4% to 17,309 shares as of July 31, representing 0.2% of shares outstanding and a days-to-cover ratio of 3.4.
  • Renaissance Technologies increased its stake by 5.4% to 200,080 shares during the first quarter. Hedge funds and other institutional investors collectively own 8.05% of the company.
  • GreenTree carries an average analyst rating of “Sell”, while its shares traded near their 12-month low at $1.13; the stock’s 12-month range is $1.09 to $2.57.
  • MarketBeat previews the top five stocks to own by September 1st.

GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG - Get Free Report) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 17,309 shares, an increase of 72.4% from the July 15th total of 10,040 shares. Currently, 0.2% of the company's stock are sold short. Based on an average daily volume of 5,133 shares, the days-to-cover ratio is currently 3.4 days.

Institutional Trading of GreenTree Hospitality Group

A hedge fund recently raised its stake in GreenTree Hospitality Group stock. Renaissance Technologies LLC increased its position in GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG - Free Report) by 5.4% during the first quarter, according to the company in its most recent 13F filing with the Securities & 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 approximately 0.20% of GreenTree Hospitality Group worth $252,000 at the end of the most recent reporting period. 8.05% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

View Our Latest Stock Report on GHG

GreenTree Hospitality Group Stock Performance

Shares of NYSE:GHG traded up $0.02 during trading on Monday, reaching $1.13. 11,816 shares of the company's stock traded hands, compared to its average volume of 19,991. The stock has a market capitalization of $113.91 million, a P/E ratio of -14.11 and a beta of 0.67. GreenTree Hospitality Group has a 12 month low of $1.09 and a 12 month high of $2.57. The company has a 50 day moving average of $1.14 and a 200-day moving average of $1.24. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.61 and a quick ratio of 1.61.

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.

See Also

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