Short Interest in American Hotel Income Properties REIT LP (OTCMKTS:AHOTF) Rises By 12,600.0%

American Hotel Income Properties REIT LP (OTCMKTS:AHOTFGet Rating) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 12,700 shares, a growth of 12,600.0% from the March 15th total of 100 shares. Based on an average trading volume of 13,000 shares, the short-interest ratio is currently 1.0 days.

Separately, National Bank Financial upped their price objective on shares of American Hotel Income Properties REIT to C$5.00 in a research report on Thursday, March 10th. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $5.10.

American Hotel Income Properties REIT stock opened at $3.04 on Wednesday. American Hotel Income Properties REIT has a 52-week low of $2.51 and a 52-week high of $3.99. The company has a fifty day simple moving average of $3.34 and a 200-day simple moving average of $3.26.

American Hotel Income Properties REIT Company Profile (Get Rating)

American Hotel Income Properties REIT LP (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.U), or AHIP, is a limited partnership formed to invest in hotel real estate properties across the United States. AHIP's 78 premium branded, select-service hotels are located in secondary metropolitan markets that benefit from diverse and stable demand.

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