Sotherly Hotels Inc. (NASDAQ:SOHON) Short Interest Update

Sotherly Hotels Inc. (NASDAQ:SOHON) was the target of a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 1 shares, a drop of 100.0% from the December 15th total of 2,813 shares. Based on an average daily volume of 10,841 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 10,841 shares, the days-to-cover ratio is presently 0.0 days.

Sotherly Hotels Trading Up 0.1%

Shares of NASDAQ SOHON traded up $0.02 during mid-day trading on Monday, reaching $15.35. The company had a trading volume of 19,360 shares, compared to its average volume of 10,780. Sotherly Hotels has a twelve month low of $10.06 and a twelve month high of $18.45. The stock’s 50 day moving average is $15.27 and its 200-day moving average is $14.31.

About Sotherly Hotels

Sotherly Hotels Inc is a Maryland-based real estate investment trust (REIT) specializing in the ownership and operation of hotel properties across the United States. The company’s primary business activities include acquiring, financing and managing a diversified portfolio of upper-upscale, lifestyle and select-service hotels. Through long-term ownership strategies, Sotherly Hotels seeks to generate stable rental income and capital appreciation by partnering with established hotel operators and brands.

Sotherly Hotels’ revenue streams are derived chiefly from guest room rentals, food and beverage services, event and meeting space rentals, and ancillary amenities.