Sotherly Hotels Inc. (NASDAQ:SOHON) Sees Significant Increase in Short Interest

Sotherly Hotels Inc. (NASDAQ:SOHON) saw a significant growth in short interest in February. As of February 13th, there was short interest totaling 1,654 shares, a growth of 1,697.8% from the January 29th total of 92 shares. Based on an average daily volume of 12,239 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 12,239 shares, the short-interest ratio is presently 0.1 days.

Sotherly Hotels Trading Up 0.0%

Shares of NASDAQ SOHON traded up $0.00 during trading on Wednesday, reaching $16.38. The stock had a trading volume of 136 shares, compared to its average volume of 12,632. The business’s 50-day moving average price is $15.71 and its 200-day moving average price is $14.25. Sotherly Hotels has a fifty-two week low of $10.06 and a fifty-two week high of $18.42.

Sotherly Hotels Company Profile

Sotherly Hotels Inc is a Maryland-based real estate investment trust (REIT) specializing in the ownership and operation of hotel properties across the United States. The company’s primary business activities include acquiring, financing and managing a diversified portfolio of upper-upscale, lifestyle and select-service hotels. Through long-term ownership strategies, Sotherly Hotels seeks to generate stable rental income and capital appreciation by partnering with established hotel operators and brands.

Sotherly Hotels’ revenue streams are derived chiefly from guest room rentals, food and beverage services, event and meeting space rentals, and ancillary amenities.