GreenTree Hospitality Group Ltd. (NYSE:GHG) Short Interest Update

GreenTree Hospitality Group Ltd. (NYSE:GHG) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totalling 28,700 shares, a decrease of 10.0% from the August 31st total of 31,900 shares. Based on an average daily trading volume, of 10,300 shares, the days-to-cover ratio is presently 2.8 days.

GreenTree Hospitality Group Stock Up 4.2 %

GHG stock traded up $0.13 during midday trading on Tuesday, reaching $3.22. The company had a trading volume of 10,230 shares, compared to its average volume of 8,813. The company has a 50 day moving average of $2.56 and a two-hundred day moving average of $2.76. The company has a market capitalization of $326.97 million, a P/E ratio of 7.48 and a beta of 0.50. GreenTree Hospitality Group has a 1 year low of $2.31 and a 1 year high of $4.61. The company has a current ratio of 1.49, a quick ratio of 1.48 and a debt-to-equity ratio of 0.16.

GreenTree Hospitality Group (NYSE:GHG) last released its quarterly earnings data on Thursday, August 15th. The company reported $0.36 earnings per share (EPS) for the quarter. GreenTree Hospitality Group had a return on equity of 16.13% and a net margin of 16.34%. The firm had revenue of $45.37 million during the quarter.

GreenTree Hospitality Group Cuts Dividend

The company also recently declared a Variable dividend, which will be paid on Wednesday, October 16th. Investors of record on Monday, September 30th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Monday, September 30th. This represents a dividend yield of 3.1%. GreenTree Hospitality Group’s payout ratio is 19.05%.

Hedge Funds Weigh In On GreenTree Hospitality Group

An institutional investor recently bought a new position in GreenTree Hospitality Group stock. First Affirmative Financial Network acquired a new stake in GreenTree Hospitality Group Ltd. (NYSE:GHG) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 15,184 shares of the company’s stock, valued at approximately $37,000. Hedge funds and other institutional investors own 8.05% of the company’s stock.

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.