American Hotel Income Properties REIT LP (OTCMKTS:AHOTF) Short Interest Update

American Hotel Income Properties REIT LP (OTCMKTS:AHOTF) was the target of a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 28,500 shares, a drop of 57.7% from the February 28th total of 67,300 shares. Based on an average daily volume of 23,900 shares, the days-to-cover ratio is currently 1.2 days.

American Hotel Income Properties REIT Price Performance

Shares of AHOTF opened at $0.37 on Thursday. The business’s 50-day moving average price is $0.45 and its 200 day moving average price is $0.44. American Hotel Income Properties REIT has a 1-year low of $0.29 and a 1-year high of $0.54.

American Hotel Income Properties REIT Company Profile

American Hotel Income Properties REIT LP (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.V), or AHIP, is a limited partnership formed to invest in hotel real estate properties across the United States. AHIP’s portfolio of premium branded, select-service hotels are located in secondary metropolitan markets that benefit from diverse and stable demand.