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

GreenTree Hospitality Group Ltd. (NYSE:GHG) was the recipient of a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 21,800 shares, a decrease of 8.4% from the October 31st total of 23,800 shares. Based on an average trading volume of 11,600 shares, the short-interest ratio is presently 1.9 days.

GreenTree Hospitality Group Trading Down 1.6 %

Shares of NYSE GHG traded down $0.04 during trading hours on Tuesday, hitting $2.72. The company’s stock had a trading volume of 708 shares, compared to its average volume of 8,409. GreenTree Hospitality Group has a 12 month low of $2.31 and a 12 month high of $4.10. The stock has a market cap of $276.19 million, a price-to-earnings ratio of 5.04 and a beta of 0.49. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.53 and a current ratio of 1.54. The business has a 50-day simple moving average of $2.90 and a 200-day simple moving average of $2.69.

Hedge Funds Weigh In On GreenTree Hospitality Group

An institutional investor recently raised its position in GreenTree Hospitality Group stock. First Affirmative Financial Network increased its position in GreenTree Hospitality Group Ltd. (NYSE:GHG) by 28.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 19,435 shares of the company’s stock after purchasing an additional 4,251 shares during the quarter. First Affirmative Financial Network’s holdings in GreenTree Hospitality Group were worth $60,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 8.05% of the company’s stock.

GreenTree Hospitality Group Company Profile

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.