Sotherly Hotels Inc. (NASDAQ:SOHOO) Sees Significant Growth in Short Interest

Sotherly Hotels Inc. (NASDAQ:SOHOO) was the target of a significant increase in short interest in February. As of February 27th, there was short interest totaling 8,671 shares, an increase of 31.6% from the February 12th total of 6,589 shares. Based on an average trading volume of 8,088 shares, the short-interest ratio is presently 1.1 days. Based on an average trading volume of 8,088 shares, the short-interest ratio is presently 1.1 days.

Sotherly Hotels Trading Up 0.1%

Shares of SOHOO opened at $19.09 on Tuesday. Sotherly Hotels has a 1 year low of $9.71 and a 1 year high of $19.12. The stock has a 50-day simple moving average of $18.56 and a 200-day simple moving average of $15.95.

Sotherly Hotels Company Profile

Sotherly Hotels, Inc is a real estate investment trust (REIT) that acquires, owns and operates upper-upscale and upscale hotels under long-term, triple-net lease agreements. The company focuses on branded lodging properties in leisure-oriented and coastal markets, partnering with leading hotel operators to deliver consistent guest experiences and stable income streams. Its portfolio is geographically concentrated in the Southeastern United States, where tourism and travel demand support sustainable occupancy levels and growth potential.

Originally formed as a private REIT in 2012, Sotherly Hotels transitioned to a publicly traded company in December 2017, listing its shares on the NASDAQ under the ticker SOHOO.