Short Interest in Sotherly Hotels Inc. (NASDAQ:SOHOO) Drops By 17.0%

Sotherly Hotels Inc. (NASDAQ:SOHOOGet Free Report) saw a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 12,426 shares, a decline of 17.0% from the December 15th total of 14,977 shares. Based on an average trading volume of 8,472 shares, the short-interest ratio is presently 1.5 days. Based on an average trading volume of 8,472 shares, the short-interest ratio is presently 1.5 days.

Sotherly Hotels Price Performance

SOHOO opened at $17.81 on Wednesday. Sotherly Hotels has a 52 week low of $9.71 and a 52 week high of $18.45. The firm has a 50-day simple moving average of $17.48 and a two-hundred day simple moving average of $14.98.

About Sotherly Hotels

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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.

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