Ashford Hospitality Trust Inc (NYSE:AHT) Short Interest Up 375.1% in December

Ashford Hospitality Trust Inc (NYSE:AHT) was the target of a significant increase in short interest during the month of 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. Based on an average daily volume of 764,799 shares, the short-interest ratio is presently 0.4 days. Approximately 4.9% of the company’s shares are sold short. Approximately 4.9% of the company’s shares are sold short. Based on an average daily volume of 764,799 shares, the short-interest ratio is presently 0.4 days.

Institutional Investors Weigh In On Ashford Hospitality Trust

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

Ashford Hospitality Trust Price Performance

NYSE:AHT opened at $3.76 on Friday. The stock has a market cap of $24.07 million, a PE ratio of -0.08 and a beta of 1.67. Ashford Hospitality Trust has a fifty-two week low of $2.89 and a fifty-two week high of $10.35. The stock’s 50-day moving average is $4.03 and its two-hundred day moving average is $5.42.

Ashford Hospitality Trust (NYSE:AHT) last posted its quarterly earnings results 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 firm had revenue of $266.06 million for the quarter, compared to analyst estimates of $273.80 million. On average, equities research analysts anticipate that Ashford Hospitality Trust will post -0.68 earnings per share for the current year.

Analyst Ratings Changes

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

About Ashford Hospitality Trust

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.