GreenTree Hospitality Group Ltd. (NYSE:GHG) Sees Significant Drop in Short Interest

GreenTree Hospitality Group Ltd. (NYSE:GHG) saw a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 21,800 shares, a decrease of 27.1% from the January 31st total of 29,900 shares. Based on an average daily volume of 12,300 shares, the days-to-cover ratio is currently 1.8 days.

GreenTree Hospitality Group Stock Down 3.1 %

Shares of GHG traded down $0.09 during mid-day trading on Tuesday, hitting $2.68. 9,965 shares of the company’s stock were exchanged, compared to its average volume of 13,036. The firm has a fifty day moving average of $2.63 and a two-hundred day moving average of $2.70. GreenTree Hospitality Group has a twelve month low of $2.31 and a twelve month high of $3.48. The stock has a market cap of $271.63 million, a price-to-earnings ratio of 4.95 and a beta of 0.49. The company has a quick ratio of 1.53, a current ratio of 1.54 and a debt-to-equity ratio of 0.16.

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.