American Hotel Income Properties REIT LP (OTCMKTS:AHOTF – Get Free Report) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 8,650 shares, an increase of 116.3% from the September 30th total of 4,000 shares. Based on an average daily trading volume, of 12,520 shares, the days-to-cover ratio is presently 0.7 days.
American Hotel Income Properties REIT Stock Performance
OTCMKTS:AHOTF opened at $0.37 on Friday. The stock’s 50 day moving average price is $0.39 and its 200 day moving average price is $0.37. American Hotel Income Properties REIT has a 52 week low of $0.19 and a 52 week high of $0.48.
American Hotel Income Properties REIT Company Profile
American Hotel Income Properties REIT Corp. is a real estate investment company focused on owning and operating income-producing hotel properties in the United States. The company has historically emphasized select-service and extended-stay hotels, which generally provide lodging accommodations with fewer amenities and lower operating costs than full-service hotels.
Its properties have operated under well-known franchised brands, including brands affiliated with Marriott, Hilton and InterContinental Hotels Group.
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