American Hotel Income Properties REIT LP (OTCMKTS:AHOTF) Sees Large Decrease in Short Interest

Posted by ABMN Staff on Apr 12th, 2024

American Hotel Income Properties REIT LP (OTCMKTS:AHOTF – Get Free Report) was the recipient of a significant drop in short interest during the month of March. As of March 31st, there was short interest totalling 5,400 shares, a drop of 60.3% from the March 15th total of 13,600 shares. Based on an average daily volume of 82,000 shares, the short-interest ratio is currently 0.1 days.

American Hotel Income Properties REIT Stock Performance

AHOTF stock opened at $0.44 on Friday. The firm has a 50 day moving average price of $0.55 and a 200-day moving average price of $0.70. American Hotel Income Properties REIT has a 52-week low of $0.43 and a 52-week high of $1.94.

American Hotel Income Properties REIT Company Profile

(Get Free Report)

American Hotel Income Properties REIT LP (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.V), or AHIP, is a limited partnership formed to invest in hotel real estate properties across the United States. AHIP's portfolio of premium branded, select-service hotels are located in secondary metropolitan markets that benefit from diverse and stable demand.