Atour Lifestyle Holdings Limited (NASDAQ:ATAT) Short Interest Update

Atour Lifestyle Holdings Limited (NASDAQ:ATAT) saw a significant drop in short interest in October. As of October 15th, there was short interest totalling 2,920,000 shares, a drop of 8.5% from the September 30th total of 3,190,000 shares. Currently, 2.7% of the company’s stock are short sold. Based on an average trading volume of 1,210,000 shares, the short-interest ratio is presently 2.4 days.

Atour Lifestyle Trading Down 3.7 %

NASDAQ ATAT opened at $26.47 on Thursday. The firm’s fifty day simple moving average is $23.23 and its two-hundred day simple moving average is $19.68. The firm has a market capitalization of $3.64 billion, a P/E ratio of 27.29, a P/E/G ratio of 0.68 and a beta of 0.63. Atour Lifestyle has a 12-month low of $15.06 and a 12-month high of $29.15.

Atour Lifestyle (NASDAQ:ATAT) last announced its earnings results on Thursday, August 29th. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.02). The business had revenue of $247.28 million for the quarter, compared to analyst estimates of $244.72 million. Atour Lifestyle had a net margin of 17.16% and a return on equity of 47.07%. As a group, sell-side analysts predict that Atour Lifestyle will post 1.22 earnings per share for the current fiscal year.

Atour Lifestyle Dividend Announcement

The business also recently announced an annual dividend, which was paid on Monday, September 30th. Investors of record on Tuesday, September 17th were paid a $0.40 dividend. This represents a yield of 2.1%. The ex-dividend date of this dividend was Tuesday, September 17th. Atour Lifestyle’s dividend payout ratio (DPR) is presently 43.30%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. SG Americas Securities LLC purchased a new stake in shares of Atour Lifestyle during the first quarter valued at $275,000. XTX Topco Ltd purchased a new stake in Atour Lifestyle during the 2nd quarter valued at about $390,000. Van Berkom & Associates Inc. acquired a new position in shares of Atour Lifestyle in the second quarter valued at about $492,000. Marshall Wace LLP raised its stake in shares of Atour Lifestyle by 19.6% in the second quarter. Marshall Wace LLP now owns 63,289 shares of the company’s stock worth $1,161,000 after purchasing an additional 10,386 shares during the last quarter. Finally, Sei Investments Co. lifted its holdings in shares of Atour Lifestyle by 112.9% during the first quarter. Sei Investments Co. now owns 110,634 shares of the company’s stock worth $1,985,000 after purchasing an additional 58,667 shares during the period. Institutional investors and hedge funds own 17.79% of the company’s stock.

About Atour Lifestyle

Atour Lifestyle Holdings Limited, through its subsidiaries, develops lifestyle brands around hotel offerings in the People’s Republic of China. The company provides hotel management services, including day-to-day management services of the hotels for the franchisees; and sells hotel supplies and other products.