Sotherly Hotels Inc. (NASDAQ:SOHON – Get Free Report) saw a large decrease in short interest in December. As of December 31st, there was short interest totaling 1 shares, a decrease of 100.0% from the December 15th total of 2,813 shares. Based on an average daily volume of 10,841 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 10,841 shares, the short-interest ratio is currently 0.0 days.
Sotherly Hotels Stock Up 0.1%
Sotherly Hotels stock opened at $15.35 on Tuesday. Sotherly Hotels has a 12-month low of $10.06 and a 12-month high of $18.45. The firm’s 50-day moving average is $15.27 and its two-hundred day moving average is $14.30.
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.
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