Short Interest in H World Group Limited (NASDAQ:HTHT) Declines By 7.8%

H World Group Limited (NASDAQ:HTHT) was the target of a large decrease in short interest in January. As of January 31st, there was short interest totalling 11,070,000 shares, a decrease of 7.8% from the January 15th total of 12,000,000 shares. Based on an average trading volume of 1,970,000 shares, the days-to-cover ratio is currently 5.6 days. Approximately 3.5% of the shares of the stock are short sold.

Institutional Trading of H World Group

Hedge funds have recently bought and sold shares of the business. Capital Research Global Investors acquired a new stake in shares of H World Group during the 4th quarter worth approximately $307,715,000. Temasek Holdings Private Ltd acquired a new stake in shares of H World Group during the 3rd quarter worth approximately $81,840,000. Nuveen Asset Management LLC increased its holdings in shares of H World Group by 625.5% during the 4th quarter. Nuveen Asset Management LLC now owns 2,136,770 shares of the company’s stock worth $70,578,000 after buying an additional 1,842,244 shares during the last quarter. Capital International Investors increased its holdings in shares of H World Group by 18.4% during the 4th quarter. Capital International Investors now owns 9,334,577 shares of the company’s stock worth $308,321,000 after buying an additional 1,452,364 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its holdings in shares of H World Group by 1,325.5% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,153,267 shares of the company’s stock worth $38,092,000 after buying an additional 1,072,366 shares during the last quarter. Institutional investors and hedge funds own 46.41% of the company’s stock.

H World Group Trading Up 0.5 %

Shares of H World Group stock opened at $36.64 on Wednesday. The firm has a market capitalization of $11.48 billion, a PE ratio of 22.21, a P/E/G ratio of 1.09 and a beta of 0.70. H World Group has a twelve month low of $27.03 and a twelve month high of $42.98. The firm’s 50-day moving average price is $32.76 and its 200 day moving average price is $33.40. The company has a current ratio of 0.88, a quick ratio of 0.87 and a debt-to-equity ratio of 0.60.

H World Group (NASDAQ:HTHT) last issued its quarterly earnings results on Tuesday, November 26th. The company reported $0.58 earnings per share for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.09). H World Group had a net margin of 15.97% and a return on equity of 30.41%. During the same quarter in the previous year, the business earned $0.56 earnings per share. On average, sell-side analysts predict that H World Group will post 1.65 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently issued reports on HTHT. HSBC lowered shares of H World Group from a “buy” rating to a “hold” rating and set a $32.40 target price on the stock. in a research note on Wednesday, February 5th. Hsbc Global Res lowered shares of H World Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Finally, Benchmark lowered their target price on shares of H World Group from $53.00 to $48.00 and set a “buy” rating on the stock in a research note on Wednesday, November 27th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $44.40.

H World Group Company Profile

H World Group Limited develops leased and owned, manachised, and franchised hotels in the People's Republic of China. The company operates hotels under its own brands, such as HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, Ibis Hotel, JI Hotel, Orange Hotel, Starway Hotel, Ibis Styles Hotel, CitiGO Hotel, Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison Hotel, Novotel Hotel, Joya Hotel, Blossom House, Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the City, Grand Mercure, Steigenberger Icon, and Song Hotels.