American Hotel Income Properties REIT LP (OTCMKTS:AHOTF – Get Free Report) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 4,000 shares, a drop of 40.0% from the September 15th total of 6,671 shares. Based on an average daily volume of 47,248 shares, the days-to-cover ratio is currently 0.1 days.
American Hotel Income Properties REIT Trading Up 5.5%
AHOTF opened at $0.39 on Friday. The company’s 50-day moving average price is $0.38 and its 200 day moving average price is $0.38. American Hotel Income Properties REIT has a fifty-two week low of $0.19 and a fifty-two week high of $0.48.
About American Hotel Income Properties REIT
American Hotel Income Properties REIT LP (OTCMKTS: AHOTF) is a Canadian real estate investment trust focused on owning and operating income-producing hotel properties in the United States. The company was established in 2012 and was headquartered in Vancouver, British Columbia.
AHIP’s portfolio historically consisted primarily of select-service and extended-stay hotels serving business, government and leisure travelers. Its properties operated under well-known hospitality brands, including brands affiliated with Marriott, Hilton, IHG, Wyndham, Choice Hotels and Sonesta.
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