Sotherly Hotels Inc. (NASDAQ:SOHOB – Get Free Report) was the recipient of a large growth in short interest in June. As of June 30th, there was short interest totalling 500 shares, a growth of 400.0% from the June 15th total of 100 shares. Based on an average trading volume of 1,600 shares, the short-interest ratio is presently 0.3 days.
Sotherly Hotels Stock Performance
NASDAQ SOHOB opened at $18.22 on Friday. The stock’s 50 day moving average price is $19.06 and its two-hundred day moving average price is $19.23. Sotherly Hotels has a 52 week low of $17.54 and a 52 week high of $24.75.
Sotherly Hotels Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Friday, May 31st were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 10.98%. The ex-dividend date of this dividend was Friday, May 31st.
Sotherly Hotels Company Profile
Sotherly Hotels Inc is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States. Sotherly may also opportunistically acquire hotels throughout the United States.
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