GreenTree Hospitality Group Ltd. (NYSE:GHG) Short Interest Up 7.9% in June

GreenTree Hospitality Group Ltd. (NYSE:GHG) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 57,500 shares, a growth of 7.9% from the May 31st total of 53,300 shares. Based on an average daily trading volume, of 9,600 shares, the short-interest ratio is presently 6.0 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in GreenTree Hospitality Group stock. Camelot Portfolios LLC acquired a new stake in shares of GreenTree Hospitality Group Ltd. (NYSE:GHG) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 13,000 shares of the company’s stock, valued at approximately $49,000. Hedge funds and other institutional investors own 8.05% of the company’s stock.

GreenTree Hospitality Group Price Performance

Shares of GreenTree Hospitality Group stock opened at $2.51 on Thursday. The stock has a market cap of $254.36 million, a price-to-earnings ratio of 5.96 and a beta of 0.51. The stock has a 50 day moving average price of $2.85 and a 200-day moving average price of $3.10. GreenTree Hospitality Group has a one year low of $2.38 and a one year high of $6.78. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.29 and a current ratio of 1.30.

GreenTree Hospitality Group (NYSE:GHG) last announced its earnings results on Tuesday, June 25th. The company reported $0.08 earnings per share for the quarter. The business had revenue of $48.78 million for the quarter. GreenTree Hospitality Group had a net margin of 19.47% and a return on equity of 21.03%.

Analysts Set New Price Targets

Separately, Morgan Stanley upgraded GreenTree Hospitality Group from an “underweight” rating to an “equal weight” rating and set a $4.00 price objective on the stock in a research report on Monday, May 20th.

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.