Follow The Short Interest: Condor Hospitality Trust Incorporated (NASDAQ:CDOR) Reports Increase in Sellers; Strong Momentum for Short Players

November 29, 2016 - By Adrian Mccoy   ·   0 Comments

Follow The Short Interest: Condor Hospitality Trust Incorporated (NASDAQ:CDOR) Reports Increase in Sellers; Strong Momentum for Short Players

The stock of Condor Hospitality Trust Incorporated (NASDAQ:CDOR) registered an increase of 64.81% in short interest. CDOR’s total short interest was 8,900 shares in November as published by FINRA. Its up 64.81% from 5,400 shares, reported previously. With 16,700 shares average volume, it will take short sellers 1 days to cover their CDOR’s short positions. The short interest to Condor Hospitality Trust Incorporated’s float is 0.37%. The stock decreased 1.15% or $0.02 on November 28, hitting $1.72. Condor Hospitality Trust, Inc. (NASDAQ:CDOR) has declined 20.37% since April 26, 2016 and is downtrending. It has underperformed by 25.63% the S&P500.

CDOR Company Profile

Condor Hospitality Trust, Inc., formerly Supertel Hospitality, Inc., incorporated on April 23, 2014, is a self-administered real estate investment trust (REIT). The Firm is engaged in the investment and ownership of select service, limited service, extended stay and full service hotels. The Firm owns over 30 hotels in approximately 20 states. The Firm operates hotels through various national and independent brands. The Firm conducts its business through an umbrella partnership REIT (UPREIT), in which its hotel properties are owned by its operating partnerships, including Supertel Limited Partnership and its subsidiaries (SLP), and E&P Financing Limited Partnership and its subsidiaries (E&P), for which it serves as general partner.

More notable recent Condor Hospitality Trust, Inc. (NASDAQ:CDOR) news were published by: Globenewswire.com which released: “Condor Hospitality Trust Announces Sale of Two Non-Core Legacy Hotels” on November 08, 2016, also Globenewswire.com with their article: “Condor Hospitality Trust Closes Joint Venture to Acquire Aloft Atlanta Downtown” published on August 23, 2016, Quotes.Wsj.com published: “News Condor Hospitality Trust Inc.CDOR” on July 22, 2015. More interesting news about Condor Hospitality Trust, Inc. (NASDAQ:CDOR) were released by: Twst.com and their article: “Supertel Hospitality Inc.: Condor Hospitality Trust Reports 2015 Results” published on March 24, 2016 as well as Reuters.com‘s news article titled: “BRIEF-Condor Hospitality Trust reports 2016 Q2 results” with publication date: August 08, 2016.

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By Adrian Mccoy


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