Sotherly Hotels Inc. (NASDAQ:SOHON) Short Interest Up 333.3% in September

Sotherly Hotels Inc. (NASDAQ:SOHON) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totalling 1,300 shares, an increase of 333.3% from the September 15th total of 300 shares. Based on an average daily volume of 1,400 shares, the days-to-cover ratio is currently 0.9 days.

Sotherly Hotels Stock Performance

SOHON stock traded down $0.14 during trading on Friday, hitting $18.31. The company had a trading volume of 408 shares, compared to its average volume of 2,742. The business has a 50 day moving average of $18.51 and a 200 day moving average of $19.01. Sotherly Hotels has a fifty-two week low of $17.68 and a fifty-two week high of $23.45.

Sotherly Hotels Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, September 16th. Stockholders of record on Friday, August 30th were paid a $0.5156 dividend. This represents a $2.06 dividend on an annualized basis and a dividend yield of 11.26%. The ex-dividend date was Friday, August 30th.

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.