Sotherly Hotels Inc. (NASDAQ:SOHOB – Get Free Report) was the recipient of a large increase in short interest in June. As of June 30th, there was short interest totalling 500 shares, an increase of 400.0% from the June 15th total of 100 shares. Based on an average trading volume of 1,600 shares, the short-interest ratio is currently 0.3 days.
Sotherly Hotels Stock Performance
Shares of SOHOB stock remained flat at $18.22 during trading hours on Thursday. The stock had a trading volume of 175 shares, compared to its average volume of 3,101. Sotherly Hotels has a 52 week low of $17.54 and a 52 week high of $24.75. The stock’s 50 day moving average is $19.06 and its two-hundred day moving average is $19.23.
Sotherly Hotels Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Friday, May 31st were paid a $0.50 dividend. The ex-dividend date of this dividend was Friday, May 31st. This represents a $2.00 annualized dividend and a dividend yield of 10.98%.
About Sotherly Hotels
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.
Read More
- Five stocks we like better than Sotherly Hotels
- How to Invest in Small Cap Stocks
- Sales Breakout Sends This Semiconductor Stock to Record High
- 5 discounted opportunities for dividend growth investors
- Surprise Buying Opportunity on This Dividend Aristocrat
- What is the S&P/TSX Index?
- New Theme Park Powerhouse: Merger Creates Industry-Leading Stock
Receive News & Ratings for Sotherly Hotels Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sotherly Hotels and related companies with MarketBeat.com's FREE daily email newsletter.
