Ashford Hospitality Trust Inc (NYSE:AHT) Short Interest Update

Ashford Hospitality Trust Inc (NYSE:AHT) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totaling 307,174 shares, an increase of 375.1% from the November 30th total of 64,651 shares. Currently, 4.9% of the company’s shares are short sold. Based on an average trading volume of 764,799 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 764,799 shares, the short-interest ratio is currently 0.4 days. Currently, 4.9% of the company’s shares are short sold.

Institutional Trading of Ashford Hospitality Trust

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. PFG Investments LLC boosted its holdings in Ashford Hospitality Trust by 21.5% during the second quarter. PFG Investments LLC now owns 14,882 shares of the real estate investment trust’s stock worth $90,000 after purchasing an additional 2,630 shares during the last quarter. Susquehanna International Group LLP increased its stake in Ashford Hospitality Trust by 49.2% in the 3rd quarter. Susquehanna International Group LLP now owns 54,574 shares of the real estate investment trust’s stock valued at $322,000 after buying an additional 17,991 shares during the last quarter. Citadel Advisors LLC bought a new stake in Ashford Hospitality Trust during the 3rd quarter worth about $157,000. Finally, Dimensional Fund Advisors LP acquired a new position in shares of Ashford Hospitality Trust during the 3rd quarter worth about $103,000. 41.04% of the stock is currently owned by institutional investors and hedge funds.

Ashford Hospitality Trust Price Performance

AHT opened at $3.81 on Thursday. The company has a market capitalization of $24.42 million, a price-to-earnings ratio of -0.08 and a beta of 1.67. The business’s 50-day moving average price is $4.09 and its two-hundred day moving average price is $5.45. Ashford Hospitality Trust has a 1 year low of $2.89 and a 1 year high of $10.35.

Ashford Hospitality Trust (NYSE:AHT) last posted its quarterly earnings data on Tuesday, November 4th. The real estate investment trust reported ($2.85) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.14) by ($1.71). The company had revenue of $266.06 million during the quarter, compared to analyst estimates of $273.80 million. Sell-side analysts anticipate that Ashford Hospitality Trust will post -0.68 earnings per share for the current fiscal year.

Analysts Set New Price Targets

AHT has been the topic of a number of research analyst reports. Zacks Research lowered Ashford Hospitality Trust from a “hold” rating to a “strong sell” rating in a research report on Wednesday, November 26th. Weiss Ratings reissued a “sell (d-)” rating on shares of Ashford Hospitality Trust in a research note on Monday. Two investment analysts have rated the stock with a Sell rating, According to data from MarketBeat.com, Ashford Hospitality Trust currently has an average rating of “Sell”.

Ashford Hospitality Trust Company Profile

Ashford Hospitality Trust, Inc (NYSE: AHT) is a real estate investment trust that acquires, owns and operates upscale and upper-upscale full-service hotels in the United States. The company’s portfolio spans a variety of urban, resort and convention-oriented markets and includes both well-known national brands and independent properties. Ashford Hospitality Trust seeks to generate long-term value through active asset management, strategic acquisitions, dispositions and selective joint venture partnerships.

Founded in 2003 and headquartered in Dallas, Texas, Ashford Hospitality Trust invests in properties affiliated with leading hospitality brands, including Marriott, Hilton, Hyatt and Starwood.