GreenTree Hospitality Group Ltd. (NYSE:GHG – Get Free Report) was the recipient of a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 25,500 shares, an increase of 17.0% from the November 15th total of 21,800 shares. Based on an average trading volume of 12,300 shares, the short-interest ratio is currently 2.1 days.
Hedge Funds Weigh In On GreenTree Hospitality Group
An institutional investor recently raised its position in GreenTree Hospitality Group stock. First Affirmative Financial Network boosted its position in GreenTree Hospitality Group Ltd. (NYSE:GHG – Free Report) by 28.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 19,435 shares of the company’s stock after purchasing an additional 4,251 shares during the quarter. First Affirmative Financial Network’s holdings in GreenTree Hospitality Group were worth $60,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 8.05% of the company’s stock.
GreenTree Hospitality Group Price Performance
Shares of GHG traded up $0.01 during mid-day trading on Monday, reaching $2.57. 30,942 shares of the company’s stock were exchanged, compared to its average volume of 8,757. 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 has a 52-week low of $2.31 and a 52-week high of $4.10. The company has a market cap of $260.96 million, a price-to-earnings ratio of 4.78 and a beta of 0.49. The company has a 50-day simple moving average of $2.83 and a two-hundred day simple moving average of $2.67.
About GreenTree Hospitality Group
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.
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