Atour Lifestyle Holdings Limited (NASDAQ:ATAT – Get Free Report) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totalling 2,760,000 shares, a drop of 8.3% from the August 15th total of 3,010,000 shares. Based on an average daily trading volume, of 1,130,000 shares, the short-interest ratio is currently 2.4 days. Currently, 2.6% of the company’s stock are sold short.
Atour Lifestyle Stock Performance
Shares of ATAT opened at $20.19 on Tuesday. The firm has a market cap of $2.78 billion, a P/E ratio of 20.81, a PEG ratio of 0.49 and a beta of 0.59. Atour Lifestyle has a twelve month low of $15.06 and a twelve month high of $20.35. The firm’s 50 day moving average price is $17.77 and its two-hundred day moving average price is $18.13.
Atour Lifestyle Announces Dividend
The business also recently disclosed an annual dividend, which will be paid on Monday, September 30th. Investors of record on Tuesday, September 17th will be given a $0.40 dividend. The ex-dividend date is Tuesday, September 17th. This represents a yield of 2.1%. Atour Lifestyle’s dividend payout ratio is currently 43.30%.
Hedge Funds Weigh In On Atour Lifestyle
Atour Lifestyle Company Profile
Atour Lifestyle Holdings Limited, through its subsidiaries, provides lifestyle brands around hotel offerings in the People's Republic of China. The company operates a series of themed hotels, including music hotels, basketball hotels, and literary hotels catering to the various lifestyles across different age groups with varied interests.
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