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

H World Group Limited (NASDAQ:HTHT) was the recipient of a significant decrease in short interest during the month of 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 daily trading volume, of 1,970,000 shares, the days-to-cover ratio is presently 5.6 days. Currently, 3.5% of the company’s stock are short sold.

Wall Street Analyst Weigh In

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

H World Group Stock Performance

Shares of H World Group stock traded up $1.66 during trading on Monday, reaching $36.46. The company’s stock had a trading volume of 4,759,915 shares, compared to its average volume of 1,587,123. The firm has a market cap of $11.42 billion, a PE ratio of 22.10, a P/E/G ratio of 1.09 and a beta of 0.70. The company has a 50-day moving average price of $32.70 and a two-hundred day moving average price of $33.35. 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 has a fifty-two week low of $27.03 and a fifty-two week high of $42.98.

H World Group (NASDAQ:HTHT) last posted its quarterly earnings data on Tuesday, November 26th. The company reported $0.58 EPS 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 last year, the business earned $0.56 earnings per share. On average, analysts forecast that H World Group will post 1.65 EPS for the current year.

Institutional Trading of H World Group

Hedge funds have recently added to or reduced their stakes in the stock. Capital International Investors increased its holdings in shares of H World Group by 18.4% in the fourth quarter. Capital International Investors now owns 9,334,577 shares of the company’s stock valued at $308,321,000 after purchasing an additional 1,452,364 shares during the period. Capital Research Global Investors acquired a new position in H World Group in the 4th quarter valued at $307,715,000. Temasek Holdings Private Ltd raised its position in H World Group by 87.2% during the 4th quarter. Temasek Holdings Private Ltd now owns 4,117,528 shares of the company’s stock worth $136,002,000 after buying an additional 1,917,528 shares during the last quarter. Nuveen Asset Management LLC lifted its stake in shares of H World Group by 625.5% in the 4th quarter. Nuveen Asset Management LLC now owns 2,136,770 shares of the company’s stock worth $70,578,000 after acquiring an additional 1,842,244 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of H World Group by 6.8% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,496,643 shares of the company’s stock valued at $49,434,000 after acquiring an additional 95,737 shares in the last quarter. 46.41% of the stock is owned by institutional investors and hedge funds.

About H World Group

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.