The stock of Sotherly Hotels Inc (NASDAQ:SOHO) registered a decrease of 2.35% in short interest. SOHO’s total short interest was 66,600 shares in January as published by FINRA. Its down 2.35% from 68,200 shares, reported previously. With 35,100 shares average volume, it will take short sellers 2 days to cover their SOHO’s short positions. The short interest to Sotherly Hotels Inc’s float is 0.65%.
The stock decreased 0.47% or $0.03 during the last trading session, reaching $6.33. About 24,080 shares traded. Sotherly Hotels Inc. (NASDAQ:SOHO) has declined 0.88% since January 10, 2018 and is downtrending. It has underperformed by 0.88% the S&P500.
Sotherly Hotels Inc. is an equity real estate investment trust. The company has market cap of $97.26 million. The firm invests in the real estate markets of the United States. It currently has negative earnings. It primarily own, acquire, renovate and reposition full-service, primarily upper upscale and upscale hotel properties.
Another recent and important Sotherly Hotels Inc. (NASDAQ:SOHO) news was published by Globenewswire.com which published an article titled: “CES: IRIS offers the first glimpse of the newest, most powerful scanner, the IRIScanâ„¢ Desk Scanner – GlobeNewswire” on January 09, 2019.
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