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

Sotherly Hotels Inc. (NASDAQ:SOHON) saw a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 500 shares, a growth of 66.7% from the March 31st total of 300 shares. Based on an average daily trading volume, of 2,200 shares, the days-to-cover ratio is presently 0.2 days.

Sotherly Hotels Stock Performance

SOHON traded down $0.12 during trading on Monday, reaching $19.25. 2,300 shares of the company’s stock were exchanged, compared to its average volume of 2,753. Sotherly Hotels has a 1 year low of $18.70 and a 1 year high of $25.50. The company’s fifty day simple moving average is $19.36 and its 200-day simple moving average is $20.38.

Sotherly Hotels Company Profile

Sotherly Hotels Inc is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States. Sotherly may also opportunistically acquire hotels throughout the United States.