Ashford Hospitality Trust Inc (NYSE:AHT) Sees Large Increase in Short Interest

Ashford Hospitality Trust Inc (NYSE:AHT) saw a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 283,884 shares, a growth of 23.5% from the January 29th total of 229,829 shares. Based on an average trading volume of 53,141 shares, the short-interest ratio is presently 5.3 days. Currently, 4.5% of the company’s stock are sold short. Currently, 4.5% of the company’s stock are sold short. Based on an average trading volume of 53,141 shares, the short-interest ratio is presently 5.3 days.

Ashford Hospitality Trust Trading Up 1.3%

Shares of NYSE:AHT opened at $3.13 on Thursday. The company has a market capitalization of $20.06 million, a PE ratio of -0.09 and a beta of 1.69. The business has a 50 day moving average of $3.81 and a two-hundred day moving average of $4.56. Ashford Hospitality Trust has a 12-month low of $2.74 and a 12-month high of $8.54.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. State Street Corp boosted its stake in shares of Ashford Hospitality Trust by 41.8% during the 4th quarter. State Street Corp now owns 21,360 shares of the real estate investment trust’s stock worth $91,000 after purchasing an additional 6,300 shares during the last quarter. Dimensional Fund Advisors LP purchased a new position in shares of Ashford Hospitality Trust during the third quarter valued at approximately $103,000. Citadel Advisors LLC acquired a new stake in Ashford Hospitality Trust during the third quarter worth approximately $157,000. Geode Capital Management LLC boosted its position in Ashford Hospitality Trust by 8.8% during the fourth quarter. Geode Capital Management LLC now owns 64,309 shares of the real estate investment trust’s stock worth $274,000 after acquiring an additional 5,175 shares during the last quarter. Finally, Susquehanna International Group LLP grew its stake in Ashford Hospitality Trust by 49.2% in the 3rd quarter. Susquehanna International Group LLP now owns 54,574 shares of the real estate investment trust’s stock worth $322,000 after acquiring an additional 17,991 shares during the period. Institutional investors and hedge funds own 41.04% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Weiss Ratings restated a “sell (d-)” rating on shares of Ashford Hospitality Trust in a research note on Monday, December 29th. Zacks Research upgraded shares of Ashford Hospitality Trust from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 22nd. Finally, Wall Street Zen upgraded shares of Ashford Hospitality Trust to a “hold” rating in a research note on Saturday, February 28th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce”.

Ashford Hospitality Trust Company Profile

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.