H World Group Limited (NASDAQ:HTHT) Short Interest Up 10.6% in May

H World Group Limited (NASDAQ:HTHTGet Free Report) was the target of a significant increase in short interest in May. As of May 31st, there was short interest totalling 10,260,000 shares, an increase of 10.6% from the May 15th total of 9,280,000 shares. Based on an average daily trading volume, of 1,670,000 shares, the days-to-cover ratio is currently 6.1 days.

Hedge Funds Weigh In On H World Group

Several large investors have recently modified their holdings of HTHT. Swedbank AB bought a new stake in shares of H World Group during the 1st quarter worth about $2,717,000. California State Teachers Retirement System boosted its holdings in shares of H World Group by 1.8% during the first quarter. California State Teachers Retirement System now owns 36,662 shares of the company’s stock worth $1,419,000 after acquiring an additional 636 shares during the period. Canada Pension Plan Investment Board grew its position in shares of H World Group by 80.5% in the first quarter. Canada Pension Plan Investment Board now owns 1,500,432 shares of the company’s stock valued at $58,067,000 after purchasing an additional 669,200 shares during the last quarter. Capital International Sarl increased its stake in shares of H World Group by 33.6% during the first quarter. Capital International Sarl now owns 231,954 shares of the company’s stock worth $8,977,000 after purchasing an additional 58,281 shares during the period. Finally, Capital International Inc. CA increased its stake in shares of H World Group by 57.7% during the first quarter. Capital International Inc. CA now owns 1,803,048 shares of the company’s stock worth $69,778,000 after purchasing an additional 659,914 shares during the period. 46.41% of the stock is owned by institutional investors.

H World Group Stock Performance

H World Group stock traded up $0.08 during midday trading on Tuesday, reaching $34.62. 1,194,723 shares of the company’s stock were exchanged, compared to its average volume of 1,806,381. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.69 and a current ratio of 0.70. The stock’s 50-day simple moving average is $38.02 and its 200 day simple moving average is $36.13. The firm has a market cap of $11.30 billion, a price-to-earnings ratio of 21.45, a P/E/G ratio of 1.18 and a beta of 0.82. H World Group has a 52 week low of $30.20 and a 52 week high of $48.84.

H World Group (NASDAQ:HTHTGet Free Report) last issued its earnings results on Friday, May 17th. The company reported $0.29 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.03). H World Group had a return on equity of 28.59% and a net margin of 16.47%. The business had revenue of $731.00 million for the quarter. On average, analysts expect that H World Group will post 1.88 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have commented on the company. Macquarie began coverage on H World Group in a research note on Friday, April 19th. They issued an “outperform” rating and a $48.00 target price on the stock. JPMorgan Chase & Co. increased their target price on shares of H World Group from $45.00 to $48.00 and gave the stock an “overweight” rating in a report on Tuesday, May 21st. Bank of America lowered their price target on shares of H World Group from $51.00 to $43.00 and set a “buy” rating on the stock in a research note on Wednesday, March 13th. CLSA started coverage on shares of H World Group in a research report on Friday, April 26th. They set a “buy” rating and a $47.00 price target on the stock. Finally, Benchmark reissued a “buy” rating and set a $64.00 price target on shares of H World Group in a research report on Friday, March 22nd. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, H World Group has a consensus rating of “Moderate Buy” and a consensus target price of $50.00.

Check Out Our Latest Research Report on H World Group

About H World Group

(Get Free Report)

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.

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