Atour Lifestyle Holdings Limited (NASDAQ:ATAT) Short Interest Update

Atour Lifestyle Holdings Limited (NASDAQ:ATAT) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totalling 3,190,000 shares, a growth of 53.4% from the September 15th total of 2,080,000 shares. Approximately 3.0% of the company’s stock are short sold. Based on an average daily trading volume, of 1,230,000 shares, the short-interest ratio is presently 2.6 days.

Atour Lifestyle Trading Down 1.4 %

Shares of NASDAQ:ATAT opened at $27.43 on Friday. Atour Lifestyle has a 52 week low of $15.06 and a 52 week high of $29.15. The company’s 50 day moving average is $20.68 and its two-hundred day moving average is $18.92. The company has a market cap of $3.77 billion, a PE ratio of 28.28, a P/E/G ratio of 0.68 and a beta of 0.63.

Atour Lifestyle (NASDAQ:ATAT) last posted its earnings results on Thursday, August 29th. The company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.02). The business had revenue of $247.28 million during the quarter, compared to analysts’ expectations of $244.72 million. Atour Lifestyle had a net margin of 17.16% and a return on equity of 47.07%. As a group, equities research analysts expect that Atour Lifestyle will post 1.22 EPS for the current year.

Atour Lifestyle Announces Dividend

The firm also recently announced an annual dividend, which was paid on Monday, September 30th. Investors of record on Tuesday, September 17th were paid a dividend of $0.40 per share. This represents a yield of 2.1%. The ex-dividend date of this dividend was Tuesday, September 17th. Atour Lifestyle’s payout ratio is 43.30%.

Hedge Funds Weigh In On Atour Lifestyle

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ATAT. Burgundy Asset Management Ltd. grew its holdings in shares of Atour Lifestyle by 0.5% during the first quarter. Burgundy Asset Management Ltd. now owns 433,350 shares of the company’s stock worth $7,774,000 after purchasing an additional 2,245 shares during the last quarter. Marshall Wace LLP grew its stake in Atour Lifestyle by 19.6% during the 2nd quarter. Marshall Wace LLP now owns 63,289 shares of the company’s stock worth $1,161,000 after buying an additional 10,386 shares during the last quarter. Sylebra Capital LLC increased its position in Atour Lifestyle by 0.8% during the first quarter. Sylebra Capital LLC now owns 1,511,061 shares of the company’s stock worth $27,108,000 after buying an additional 11,780 shares during the period. Quadrature Capital Ltd purchased a new stake in Atour Lifestyle in the fourth quarter valued at approximately $260,000. Finally, SG Americas Securities LLC acquired a new stake in shares of Atour Lifestyle in the first quarter valued at approximately $275,000. 17.79% of the stock is owned by institutional investors and hedge funds.

Atour Lifestyle Company Profile

Atour Lifestyle Holdings Limited, through its subsidiaries, develops lifestyle brands around hotel offerings in the People’s Republic of China. The company provides hotel management services, including day-to-day management services of the hotels for the franchisees; and sells hotel supplies and other products.