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

Atour Lifestyle Holdings Limited (NASDAQ:ATAT) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totalling 2,080,000 shares, a decrease of 24.6% from the August 31st total of 2,760,000 shares. Based on an average daily trading volume, of 1,010,000 shares, the short-interest ratio is currently 2.1 days. Currently, 1.9% of the company’s stock are short sold.

Institutional Investors Weigh In On Atour Lifestyle

Several hedge funds have recently bought and sold shares of the company. Quadrature Capital Ltd bought a new stake in Atour Lifestyle in the fourth quarter valued at approximately $260,000. SG Americas Securities LLC bought a new position in Atour Lifestyle during the first quarter worth $275,000. Capstone Investment Advisors LLC increased its holdings in shares of Atour Lifestyle by 33.3% in the fourth quarter. Capstone Investment Advisors LLC now owns 20,000 shares of the company’s stock valued at $347,000 after purchasing an additional 5,000 shares during the last quarter. XTX Topco Ltd bought a new position in shares of Atour Lifestyle in the second quarter valued at about $390,000. Finally, Van Berkom & Associates Inc. acquired a new stake in shares of Atour Lifestyle during the 2nd quarter worth about $492,000. 17.79% of the stock is currently owned by institutional investors and hedge funds.

Atour Lifestyle Trading Up 0.7 %

Shares of NASDAQ ATAT traded up $0.19 during mid-day trading on Friday, hitting $25.53. The company had a trading volume of 1,265,818 shares, compared to its average volume of 869,954. Atour Lifestyle has a one year low of $15.06 and a one year high of $26.16. The company has a market capitalization of $3.51 billion, a PE ratio of 26.12, a price-to-earnings-growth ratio of 0.52 and a beta of 0.59. The firm has a 50-day simple moving average of $18.34 and a two-hundred day simple moving average of $18.31.

Atour Lifestyle (NASDAQ:ATAT) last posted its quarterly earnings results on Thursday, August 29th. The company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.02). The company had revenue of $247.28 million for the quarter, compared to analyst estimates of $244.72 million. Atour Lifestyle had a return on equity of 47.07% and a net margin of 17.16%. Sell-side analysts expect that Atour Lifestyle will post 1.22 earnings per share for the current fiscal year.

Atour Lifestyle Dividend Announcement

The company also recently declared an annual dividend, which will be paid on Monday, September 30th. Shareholders of record on Tuesday, September 17th will be paid a $0.40 dividend. This represents a yield of 2.1%. The ex-dividend date of this dividend is Tuesday, September 17th. Atour Lifestyle’s dividend payout ratio is currently 43.30%.

About Atour Lifestyle

Atour Lifestyle Holdings Limited, through its subsidiaries, provides lifestyle brands around hotel offerings in the People's Republic of China. The company operates a series of themed hotels, including music hotels, basketball hotels, and literary hotels catering to the various lifestyles across different age groups with varied interests.