Short Interest Report: Sotherly Hotels Incorporated (NASDAQ:SOHO) Could Burn Your Long Portfolio After More Shorts

November 16, 2016 - By Vivian Park   ·   0 Comments

Short Interest Report: Sotherly Hotels Incorporated (NASDAQ:SOHO) Could Burn Your Long Portfolio After More Shorts

The stock of Sotherly Hotels Incorporated (NASDAQ:SOHO) registered an increase of 1.55% in short interest. SOHO’s total short interest was 111,300 shares in November as published by FINRA. Its up 1.55% from 109,600 shares, reported previously. With 27,800 shares average volume, it will take short sellers 4 days to cover their SOHO’s short positions. The short interest to Sotherly Hotels Incorporated’s float is 1.04%. The stock last traded at $5.15 per share. It is down 1.58% since April 14, 2016 and is uptrending. It has underperformed by 3.11% the S&P500.

Sotherly Hotels Inc. is a self-managed and self-administered lodging real estate investment trust. The company has a market cap of $77.90 million. The Firm is focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the southern United States. It has a 13.34 P/E ratio. The Firm operates through the hotel ownership segment.

Sotherly Hotels Inc (NASDAQ:SOHO) Ratings Coverage

Out of 4 analysts covering Sotherly Hotels Inc (NASDAQ:SOHO), 0 rate it a “Buy”, 1 “Sell”, while 3 “Hold”. This means 0 are positive. Sotherly Hotels Inc has been the topic of 5 analyst reports since August 24, 2015 according to StockzIntelligence Inc. The firm has “Sell” rating given on Tuesday, January 19 by Ladenburg Thalmann. The company was upgraded on Tuesday, September 22 by Zacks. The firm earned “Neutral” rating on Wednesday, December 2 by Janney Capital. The firm has “Hold” rating given on Wednesday, September 28 by Sandler O’Neill.

SOHO Company Profile

Sotherly Hotels Inc., incorporated on August 20, 2004, is a self-managed and self-administered lodging real estate investment trust (REIT). The Firm is focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the southern United States. The Firm operates through the hotel ownership segment. The Firm conducts its activities through Sotherly Hotels LP, its Operating Partnership, of which the Company is the general partner.

More important recent Sotherly Hotels Inc (NASDAQ:SOHO) news were published by: Globenewswire.com which released: “Sotherly Hotels Inc. Announces Refinancing of Louisville Hotel” on November 07, 2016, also Globenewswire.com published article titled: “Sotherly Hotels Inc. Announces Pricing of Upsized Offering of Series B …”, Globenewswire.com published: “Sotherly Hotels Inc. Announces Refinancing of Tampa Hotel” on July 07, 2016. More interesting news about Sotherly Hotels Inc (NASDAQ:SOHO) was released by: Seekingalpha.com and their article: “Sotherly Hotels: A REIT With 7% Yield And Huge Upside” with publication date: June 21, 2016.

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By Vivian Park


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