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

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

Sotherly Hotels Stock Up 0.0%

Shares of Sotherly Hotels stock traded up $0.00 during trading hours on Wednesday, reaching $16.38. 136 shares of the company were exchanged, compared to its average volume of 12,632. Sotherly Hotels has a 1 year low of $10.06 and a 1 year high of $18.42. The stock’s fifty day moving average is $15.71 and its 200 day moving average is $14.25.

About Sotherly Hotels

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.