Sotherly Hotels Inc. (NASDAQ:SOHON) Short Interest Down 39.6% in February

Sotherly Hotels Inc. (NASDAQ:SOHON) saw a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 999 shares, a decrease of 39.6% from the February 12th total of 1,654 shares. Based on an average trading volume of 6,961 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 6,961 shares, the days-to-cover ratio is currently 0.1 days.

Sotherly Hotels Trading Down 0.1%

NASDAQ:SOHON traded down $0.01 on Friday, hitting $16.60. The stock had a trading volume of 164 shares, compared to its average volume of 13,718. The business’s 50-day simple moving average is $16.06 and its two-hundred day simple moving average is $14.39. Sotherly Hotels has a 52-week low of $10.06 and a 52-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.