GreenTree Hospitality Group Ltd. (NYSE:GHG) Short Interest Down 8.4% in November

GreenTree Hospitality Group Ltd. (NYSE:GHG) was the target of a significant decrease in short interest in November. As of November 15th, there was short interest totalling 21,800 shares, a decrease of 8.4% from the October 31st total of 23,800 shares. Based on an average daily trading volume, of 11,600 shares, the days-to-cover ratio is currently 1.9 days.

GreenTree Hospitality Group Trading Up 3.4 %

NYSE:GHG traded up $0.09 during midday trading on Monday, reaching $2.76. 2,310 shares of the stock traded hands, compared to its average volume of 8,443. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.48 and a current ratio of 1.54. GreenTree Hospitality Group has a 12 month low of $2.31 and a 12 month high of $4.10. The stock has a market capitalization of $280.25 million, a P/E ratio of 4.94 and a beta of 0.51. The company has a fifty day moving average of $2.89 and a 200 day moving average of $2.69.

Institutional Trading of GreenTree Hospitality Group

A hedge fund recently bought a new stake in GreenTree Hospitality Group stock. First Affirmative Financial Network bought a new stake in shares of GreenTree Hospitality Group Ltd. (NYSE:GHG) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 15,184 shares of the company’s stock, valued at approximately $37,000. 8.05% of the stock is currently owned by institutional investors and hedge funds.

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.