Sotherly Hotels Inc. (NASDAQ:SOHON) Short Interest Down 80.5% in January

Sotherly Hotels Inc. (NASDAQ:SOHON) was the recipient of a large decrease in short interest in January. As of January 30th, there was short interest totaling 92 shares, a decrease of 80.5% from the January 15th total of 472 shares. Based on an average trading volume of 16,707 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 16,707 shares, the short-interest ratio is currently 0.0 days.

Sotherly Hotels Price Performance

SOHON traded up $0.27 during trading hours on Thursday, hitting $16.40. 13,670 shares of the company’s stock were exchanged, compared to its average volume of 13,265. Sotherly Hotels has a 12-month low of $10.06 and a 12-month high of $18.42. The firm has a 50 day moving average of $15.50 and a 200 day moving average of $14.23.

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.