GreenTree Hospitality Group Ltd. (NYSE:GHG) Short Interest Down 8.4% in November

GreenTree Hospitality Group Ltd. (NYSE:GHG) was the target of a large decline in short interest in November. As of November 15th, there was short interest totalling 21,800 shares, a decline of 8.4% from the October 31st total of 23,800 shares. Based on an average daily volume of 11,600 shares, the short-interest ratio is currently 1.9 days.

Hedge Funds Weigh In On GreenTree Hospitality Group

A hedge fund recently raised its stake in GreenTree Hospitality Group stock. First Affirmative Financial Network lifted its position in GreenTree Hospitality Group Ltd. (NYSE:GHG) by 28.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,435 shares of the company’s stock after acquiring an additional 4,251 shares during the quarter. First Affirmative Financial Network’s holdings in GreenTree Hospitality Group were worth $60,000 at the end of the most recent reporting period. Institutional investors own 8.05% of the company’s stock.

GreenTree Hospitality Group Stock Up 3.4 %

Shares of GHG traded up $0.09 during mid-day trading on Monday, hitting $2.76. 2,310 shares of the company’s stock were exchanged, compared to its average volume of 8,443. GreenTree Hospitality Group has a 52 week low of $2.31 and a 52 week high of $4.10. The company has a market cap of $280.25 million, a PE ratio of 4.94 and a beta of 0.51. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.54 and a quick ratio of 1.48. The company has a 50-day simple moving average of $2.89 and a 200 day simple moving average of $2.69.

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.