Sotherly Hotels Inc. (NASDAQ:SOHON) Short Interest Up 47,100.0% in January

Sotherly Hotels Inc. (NASDAQ:SOHON) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totaling 472 shares, an increase of 47,100.0% from the December 31st total of 1 shares. Based on an average trading volume of 8,792 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 8,792 shares, the short-interest ratio is presently 0.1 days.

Sotherly Hotels Trading Up 0.3%

Shares of SOHON opened at $16.21 on Thursday. The business’s 50-day moving average is $15.33 and its 200-day moving average is $14.25. Sotherly Hotels has a fifty-two week low of $10.06 and a fifty-two week high of $18.42.

About Sotherly Hotels

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.