Short Interest in Hospitality Properites Trust (HPT) Decreases By 24.6%
Hospitality Properites Trust (NASDAQ:HPT) was the target of a large decline in short interest in August. As of August 31st, there was short interest totalling 5,211,842 shares, a decline of 24.6% from the August 15th total of 6,912,356 shares. Based on an average trading volume of 2,315,656 shares, the short-interest ratio is currently 2.3 days. Approximately 3.3% of the company’s stock are sold short.
Separately, FBR & Co lowered shares of Hospitality Properites Trust from an “outperform” rating to a “marketperform” rating in a research note on Wednesday, August 10th.
Shares of Hospitality Properites Trust (NASDAQ:HPT) opened at 29.23 on Thursday. The company has a 50 day moving average of $30.37 and a 200 day moving average of $27.99. The firm has a market cap of $4.43 billion, a price-to-earnings ratio of 34.27 and a beta of 1.18. Hospitality Properites Trust has a 1-year low of $20.69 and a 1-year high of $32.32.
Hospitality Properites Trust Company Profile
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