Short Interest in H World Group Limited (NASDAQ:HTHT) Drops By 7.8%

H World Group Limited (NASDAQ:HTHT) saw a significant decrease in short interest in January. As of January 31st, there was short interest totalling 11,070,000 shares, a decrease of 7.8% from the January 15th total of 12,000,000 shares. Based on an average trading volume of 1,970,000 shares, the short-interest ratio is presently 5.6 days. Currently, 3.5% of the company’s stock are sold short.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Benchmark cut their price objective on shares of H World Group from $53.00 to $48.00 and set a “buy” rating on the stock in a research report on Wednesday, November 27th. HSBC lowered H World Group from a “buy” rating to a “hold” rating and set a $32.40 price target on the stock. in a report on Wednesday, February 5th. Finally, Hsbc Global Res downgraded H World Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 4th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $44.40.

Institutional Trading of H World Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Daiwa Securities Group Inc. acquired a new position in shares of H World Group during the 4th quarter worth about $33,000. Blue Trust Inc. grew its holdings in H World Group by 293.2% during the third quarter. Blue Trust Inc. now owns 4,817 shares of the company’s stock worth $179,000 after purchasing an additional 3,592 shares during the period. US Bancorp DE grew its holdings in H World Group by 21.2% during the fourth quarter. US Bancorp DE now owns 4,839 shares of the company’s stock worth $160,000 after purchasing an additional 845 shares during the period. Greenleaf Trust acquired a new position in H World Group during the third quarter worth approximately $210,000. Finally, iA Global Asset Management Inc. bought a new stake in H World Group in the fourth quarter valued at approximately $196,000. 46.41% of the stock is owned by institutional investors.

H World Group Trading Up 4.8 %

H World Group stock opened at $36.46 on Tuesday. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.87. The firm has a 50-day moving average of $32.70 and a 200-day moving average of $33.35. The company has a market cap of $11.42 billion, a price-to-earnings ratio of 22.10, a P/E/G ratio of 1.09 and a beta of 0.70. H World Group has a one year low of $27.03 and a one year high of $42.98.

H World Group (NASDAQ:HTHT) last posted its quarterly earnings results on Tuesday, November 26th. The company reported $0.58 earnings per share for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.09). H World Group had a net margin of 15.97% and a return on equity of 30.41%. During the same period in the prior year, the company earned $0.56 earnings per share. On average, equities analysts expect that H World Group will post 1.65 earnings per share for the current fiscal year.

H World Group Company Profile

H World Group Limited develops leased and owned, manachised, and franchised hotels in the People's Republic of China. The company operates hotels under its own brands, such as HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, Ibis Hotel, JI Hotel, Orange Hotel, Starway Hotel, Ibis Styles Hotel, CitiGO Hotel, Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison Hotel, Novotel Hotel, Joya Hotel, Blossom House, Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the City, Grand Mercure, Steigenberger Icon, and Song Hotels.