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

GreenTree Hospitality Group Ltd. (NYSE:GHG - Get Free Report) was the recipient of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 7,800 shares, an increase of 34.5% from the February 28th total of 5,800 shares. Currently, 0.1% of the company's shares are sold short. Based on an average daily volume of 16,100 shares, the days-to-cover ratio is presently 0.5 days.

GreenTree Hospitality Group Trading Down 4.4 %

Shares of GreenTree Hospitality Group stock traded down $0.11 on Friday, hitting $2.29. The stock had a trading volume of 27,598 shares, compared to its average volume of 11,872. The company has a quick ratio of 1.53, a current ratio of 1.54 and a debt-to-equity ratio of 0.16. GreenTree Hospitality Group has a one year low of $2.28 and a one year high of $3.48. The stock's 50-day simple moving average is $2.65 and its two-hundred day simple moving average is $2.70. The stock has a market cap of $232.03 million, a price-to-earnings ratio of 4.23 and a beta of 0.59.

About GreenTree Hospitality Group

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.