GreenTree Hospitality Group Ltd. (NYSE:GHG – Get Free Report) was the recipient of a large decline in short interest in 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 trading volume, of 5,300 shares, the short-interest ratio is currently 11.2 days.
Hedge Funds Weigh In On GreenTree Hospitality Group
An institutional investor recently bought a new position in GreenTree Hospitality Group stock. Camelot Portfolios LLC bought a new position in shares of GreenTree Hospitality Group Ltd. (NYSE:GHG – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 13,000 shares of the company’s stock, valued at approximately $49,000. Hedge funds and other institutional investors own 8.05% of the company’s stock.
GreenTree Hospitality Group Stock Up 0.3 %
GHG traded up $0.01 on Tuesday, hitting $3.22. 4,174 shares of the company’s stock traded hands, compared to its average volume of 6,162. 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 has a one year low of $2.72 and a one year high of $6.78. The company’s 50 day simple moving average is $3.11 and its 200-day simple moving average is $3.52.
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.
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