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Shares of China Lodging Group, Ltd (NASDAQ:HTHT) were the target of a significant drop in short interest during the month of May. As of May 15th, there was short interest totalling 425,984 shares, a drop of 51.8% from the April 30th total of 883,406 shares, StockRatingsNetwork reports. Approximately 0.7% of the company’s shares are sold short. Based on an average trading volume of 231,951 shares, the short-interest ratio is currently 1.8 days.

A number of analysts have recently weighed in on HTHT shares. Analysts at Morgan Stanley reiterated an “in-line” rating on shares of China Lodging Group, Ltd in a research note on Wednesday, May 14th. Separately, analysts at Brean Capital cut their price target on shares of China Lodging Group, Ltd from $30.00 to $27.00 in a research note on Wednesday, May 14th. They now have a “buy” rating on the stock. Finally, analysts at Zacks downgraded shares of China Lodging Group, Ltd from an “outperform” rating to a “neutral” rating in a research note on Tuesday, April 1st. They now have a $28.10 price target on the stock. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. China Lodging Group, Ltd has a consensus rating of “Hold” and a consensus target price of $27.10.

China Lodging Group, Ltd (NASDAQ:HTHT) opened at 24.81 on Thursday. China Lodging Group, Ltd has a one year low of $14.75 and a one year high of $32.29. The stock has a 50-day moving average of $22.81 and a 200-day moving average of $25.7. The company has a market cap of $1.538 billion and a P/E ratio of 36.55.

China Lodging Group, Ltd (NASDAQ:HTHT) last issued its quarterly earnings data on Tuesday, May 13th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.15) by $0.05. The company had revenue of $1.03 billion for the quarter. The company’s revenue for the quarter was up 19.3% on a year-over-year basis. On average, analysts predict that China Lodging Group, Ltd will post $5.50 earnings per share for the current fiscal year.

China Lodging Group, Limited (NASDAQ:HTHT) operates hotel chain in China with leased-and-operated and franchised-and-managed models.

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