Hotel101 Global Holdings Corp. (NASDAQ:HBNB) Short Interest Update

Hotel101 Global Holdings Corp. (NASDAQ:HBNB) was the recipient of a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 9,361 shares, a decrease of 41.8% from the January 15th total of 16,084 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 19,120 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 19,120 shares, the short-interest ratio is presently 0.5 days. Approximately 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in HBNB. Polar Asset Management Partners Inc. bought a new position in Hotel101 Global in the 3rd quarter valued at $88,000. Citadel Advisors LLC acquired a new stake in Hotel101 Global in the third quarter worth about $43,000. Alterna Wealth Management Inc. bought a new position in shares of Hotel101 Global in the 4th quarter valued at about $154,000. Hudson Bay Capital Management LP bought a new stake in shares of Hotel101 Global during the 3rd quarter valued at $62,000. Finally, Yakira Capital Management Inc. acquired a new position in shares of Hotel101 Global in the 3rd quarter valued at $32,000.

Hotel101 Global Stock Down 2.5%

NASDAQ HBNB traded down $0.19 during trading on Friday, reaching $7.37. The company’s stock had a trading volume of 18,474 shares, compared to its average volume of 21,476. Hotel101 Global has a 1-year low of $1.55 and a 1-year high of $10.43. The stock has a 50-day simple moving average of $7.92.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Weiss Ratings started coverage on shares of Hotel101 Global in a report on Monday, January 5th. They issued a “sell (d)” rating for the company. Wall Street Zen upgraded Hotel101 Global to a “sell” rating in a research report on Saturday, January 10th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Hotel101 Global Company Profile

Hotel101 Global, Inc, listed on NASDAQ under the symbol HBNB, is a hospitality company specializing in the ownership, development, and operation of midscale hotels and hotel-branded residences. The company’s flagship brand, Hotel101, offers standardized guest rooms, on-site dining, and meeting facilities designed to serve both business and leisure travelers. Since commencing operations in 2021, Hotel101 Global has focused on a growth strategy that combines new property development with franchising agreements to expand its brand footprint.

Through its operating subsidiaries, Hotel101 Global maintains a portfolio of properties primarily in the Philippines, with key locations in Metro Manila, Bacolod, Iloilo, and Clark, Pampanga.