Sotherly Hotels Inc. (NASDAQ:SOHOO) Sees Large Decrease in Short Interest

Sotherly Hotels Inc. (NASDAQ:SOHOO) saw a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 6,589 shares, a decrease of 37.4% from the January 29th total of 10,526 shares. Based on an average daily volume of 4,498 shares, the short-interest ratio is presently 1.5 days. Based on an average daily volume of 4,498 shares, the short-interest ratio is presently 1.5 days.

Sotherly Hotels Price Performance

Shares of NASDAQ SOHOO opened at $19.00 on Friday. Sotherly Hotels has a 1 year low of $9.71 and a 1 year high of $19.05. The firm has a 50-day simple moving average of $18.19 and a two-hundred day simple moving average of $15.51.

About Sotherly Hotels

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.