Short Interest in GreenTree Hospitality Group Ltd. (NYSE:GHG) Declines By 5.4%

GreenTree Hospitality Group Ltd. (NYSE:GHG) was the recipient of a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 59,300 shares, a decline of 5.4% from the March 31st total of 62,700 shares. Based on an average daily volume of 5,300 shares, the short-interest ratio is currently 11.2 days.

Institutional Investors Weigh In On GreenTree Hospitality Group

An institutional investor recently bought a new position in GreenTree Hospitality Group stock. Camelot Portfolios LLC purchased a new stake in GreenTree Hospitality Group Ltd. (NYSE:GHG) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 13,000 shares of the company’s stock, valued at approximately $49,000. 8.05% of the stock is owned by institutional investors and hedge funds.

GreenTree Hospitality Group Stock Performance

Shares of NYSE GHG traded up $0.01 during midday trading on Tuesday, reaching $3.22. The company’s stock had a trading volume of 4,174 shares, compared to its average volume of 6,162. GreenTree Hospitality Group has a one year low of $2.72 and a one year high of $6.78. The company has a 50 day moving average price of $3.11 and a 200 day moving average price of $3.52. The company has a quick ratio of 1.20, a current ratio of 1.21 and a debt-to-equity ratio of 0.04.

GreenTree Hospitality Group (NYSE:GHG) last posted its earnings results on Monday, March 25th. The company reported $0.01 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.03. The business had revenue of $52.42 million during the quarter, compared to the consensus estimate of $57.94 million. Equities research analysts expect that GreenTree Hospitality Group will post 0.35 EPS for the current fiscal year.

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.