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

GreenTree Hospitality Group Ltd. (NYSE:GHG - Get Free Report) experienced a notable rise in short interest during January. By the end of the month on January 31st, total short interest reached 29,900 shares. This reflects an increase of 36.5% compared to the 21,900 shares reported on January 15th. Considering the average daily trading volume of 8,600 shares, this translates to a short-interest ratio of approximately 3.5 days.

GreenTree Hospitality Group Stock Performance

On Friday, GHG shares gained 5.4%, increasing by $0.14 to a mid-day price of $2.83. During this trading session, 18,143 shares changed hands, exceeding its average trading volume of 7,391 shares. The stock has a 50-day simple moving average of $2.56 and a 200-day simple moving average of $2.67. GreenTree Hospitality Group's market capitalization stands at $287.76 million, with a price-to-earnings ratio of 5.25 and a beta of 0.49. Over the past year, the stock reached a low of $2.31 and a high of $3.48. Financially, the firm maintains a quick ratio of 1.53, a current ratio of 1.54, and a debt-to-equity ratio of 0.16.

Recently, GreenTree Hospitality Group released its earnings report on November 21st, where it announced earnings per share (EPS) of $0.09 for the quarter. The company achieved a net margin of 13.93% and a return on equity of 12.70%.

About GreenTree Hospitality Group

GreenTree Hospitality Group Ltd. focuses on the development of leased-and-operated and franchised-and-managed hotels under the GreenTree Inns brand throughout the People's Republic of China. Founded in 2004 and based in Shanghai, the company also partakes in investment holding activities and offers information technology services.

Market Insights

The increase in short interest suggests investor sentiment may be shifting, with some traders anticipating potential price movements in the near future. Tracking short interest can offer insights into investor behavior and market dynamics.

Investment Considerations

Before investing in GreenTree Hospitality Group, it's essential to analyze current market trends and financial performance. Investors should also consider seeking expert advice or research to identify the best opportunities in the market.

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