Choice Hotels International Inc (NYSE:CHH) Just Reported Increased Shorts

Choice Hotels International, Inc. (NYSE:CHH) Logo

Investors sentiment decreased to 1.03 in Q3 2018. Its down 0.28, from 1.31 in 2018Q2. It dived, as 25 investors sold Choice Hotels International, Inc. shares while 53 reduced holdings. 29 funds opened positions while 51 raised stakes. 31.01 million shares or 2.17% more from 30.35 million shares in 2018Q2 were reported.
Minnesota-based Tealwood Asset Management has invested 1.33% in Choice Hotels International, Inc. (NYSE:CHH). Transamerica Fincl holds 7,156 shares or 0.13% of its portfolio. Yorktown Management & Rech Communication stated it has 9,586 shares or 0.23% of all its holdings. Sei Invs, Pennsylvania-based fund reported 35,212 shares. Schwab Charles Investment Mngmt reported 199,851 shares. Citigroup Incorporated owns 8,235 shares. Zebra Capital Management Limited Liability Corporation accumulated 7,495 shares or 0.29% of the stock. Alliancebernstein Limited Partnership owns 19,533 shares or 0% of their US portfolio. Goldman Sachs Group has invested 0.03% in Choice Hotels International, Inc. (NYSE:CHH). Pinnacle Advisory Grp Inc reported 3,466 shares stake. Mirae Asset Glob Investments Ltd holds 5,177 shares. Wells Fargo & Mn has 0% invested in Choice Hotels International, Inc. (NYSE:CHH) for 51,705 shares. Franklin Resource holds 4,566 shares or 0% of its portfolio. Utah-based Utah Retirement Sys has invested 0.01% in Choice Hotels International, Inc. (NYSE:CHH). D E Shaw And holds 0% of its portfolio in Choice Hotels International, Inc. (NYSE:CHH) for 19,465 shares.

Since September 18, 2018, it had 0 insider buys, and 4 insider sales for $4.55 million activity. 35,350 shares were sold by Pacious Patrick, worth $2.91 million.

The stock of Choice Hotels International Inc (NYSE:CHH) registered an increase of 9.52% in short interest. CHH’s total short interest was 3.54M shares in January as published by FINRA. Its up 9.52% from 3.23 million shares, reported previously. With 423,700 shares average volume, it will take short sellers 8 days to cover their CHH’s short positions. The short interest to Choice Hotels International Inc’s float is 8.66%.

The stock increased 0.65% or $0.48 during the last trading session, reaching $74.74. About 264,721 shares traded. Choice Hotels International, Inc. (NYSE:CHH) has declined 5.91% since January 12, 2018 and is downtrending. It has underperformed by 5.91% the S&P500.

Choice Hotels International, Inc., together with its subsidiaries, operates as a hotel franchisor worldwide. The company has market cap of $4.18 billion. It operates in two divisions, Hotel Franchising and SkyTouch Technology. It has a 25.47 P/E ratio. The firm franchises lodging properties under the proprietary brand names Comfort Inn, Comfort Suites, Quality, Clarion, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, Cambria hotels and suites, and Ascend Hotel Collection.

Choice Hotels International, Inc. (NYSE:CHH) Ratings Coverage

Among 2 analysts covering Choice Hotels (NYSE:CHH), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Choice Hotels had 2 analyst reports since September 7, 2018 according to SRatingsIntel. Wells Fargo maintained Choice Hotels International, Inc. (NYSE:CHH) on Thursday, November 15 with “Market Perform” rating.

More notable recent Choice Hotels International, Inc. (NYSE:CHH) news were published by: Zacks.com which released: “Hilton (HLT) Expands in Yunan, Continues to Drive Unit Growth – Zacks.com” on January 03, 2019, also Seekingalpha.com with their article: “Choice Hotels International, Inc. (CHH) CEO Pat Pacious on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” published on November 11, 2018, Bizjournals.com published: “Cambria Magnificent Mile hotel workers still on strike – Chicago Business Journal” on December 19, 2018. More interesting news about Choice Hotels International, Inc. (NYSE:CHH) were released by: Zacks.com and their article: “Hyatt Opens Hyatt Regency Hotel in Kuwait, Eyes Sales Growth – Zacks.com” published on January 07, 2019 as well as Seekingalpha.com‘s news article titled: “Choice Hotels to grow Cambria brand – Seeking Alpha” with publication date: September 24, 2018.

Choice Hotels International, Inc. (NYSE:CHH) Institutional Positions Chart

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