GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG) Short Interest Up 109.4% in September

GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 26,800 shares, an increase of 109.4% from the August 31st total of 12,800 shares. Based on an average daily volume of 35,700 shares, the days-to-cover ratio is currently 0.8 days. Based on an average daily volume of 35,700 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Investors Weigh In On GreenTree Hospitality Group

An institutional investor recently raised its position in GreenTree Hospitality Group stock. Genus Capital Management Inc. raised its stake in GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG) by 200.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,616 shares of the company’s stock after acquiring an additional 31,232 shares during the quarter. Genus Capital Management Inc.’s holdings in GreenTree Hospitality Group were worth $38,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 8.05% of the company’s stock.

GreenTree Hospitality Group Trading Up 3.0%

GHG stock opened at $2.23 on Monday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.69 and a current ratio of 1.70. The company’s 50-day simple moving average is $2.16 and its 200 day simple moving average is $2.17. GreenTree Hospitality Group has a 52 week low of $1.81 and a 52 week high of $3.35. The company has a market capitalization of $225.88 million, a PE ratio of 5.17 and a beta of 0.52.

GreenTree Hospitality Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 25th. Investors of record on Friday, October 31st will be given a dividend of $0.06 per share. The ex-dividend date of this dividend is Friday, October 31st. This represents a $0.24 annualized dividend and a yield of 10.8%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of GreenTree Hospitality Group in a research report on Saturday, September 27th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

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.