Sotherly Hotels Inc. (NASDAQ:SOHOB – Get Free Report) was the recipient of a significant decline in short interest in April. As of April 15th, there was short interest totalling 1,400 shares, a decline of 54.8% from the March 31st total of 3,100 shares. Based on an average trading volume of 4,200 shares, the short-interest ratio is currently 0.3 days.
Sotherly Hotels Trading Up 1.0 %
NASDAQ SOHOB traded up $0.19 on Friday, reaching $19.25. 1,230 shares of the stock traded hands, compared to its average volume of 4,167. Sotherly Hotels has a 12 month low of $17.60 and a 12 month high of $25.45. The company has a fifty day moving average price of $19.05 and a 200-day moving average price of $20.22.
Sotherly Hotels Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 29th were issued a $0.50 dividend. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $2.00 annualized dividend and a dividend yield of 10.39%.
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.
Read More
- Five stocks we like better than Sotherly Hotels
- What is the S&P 500 and How It is Distinct from Other Indexes
- MarketBeat Week in Review – 4/22 – 4/26
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- 3 Stocks Leading the U.S. Agriculture Comeback
- How to Invest in the FAANG Stocks
- How to Use Put Debit Spreads to Profit From Falling Stocks
Receive News & Ratings for Sotherly Hotels Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sotherly Hotels and related companies with MarketBeat.com's FREE daily email newsletter.
