Sotherly Hotels Inc. (NASDAQ:SOHON) Short Interest Update

Sotherly Hotels Inc. (NASDAQ:SOHON) was the target of a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 300 shares, a growth of 50.0% from the August 31st total of 200 shares. Based on an average daily volume of 1,200 shares, the short-interest ratio is currently 0.3 days.

Sotherly Hotels Trading Down 1.0 %

SOHON traded down $0.19 during trading hours on Friday, hitting $18.36. The company’s stock had a trading volume of 691 shares, compared to its average volume of 2,744. The business’s 50-day moving average price is $18.56 and its 200-day moving average price is $19.08. Sotherly Hotels has a 12 month low of $17.98 and a 12 month high of $23.45.

Sotherly Hotels Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 16th. Stockholders of record on Friday, August 30th were given a dividend of $0.5156 per share. This represents a $2.06 annualized dividend and a dividend yield of 11.23%. The ex-dividend date of this dividend was Friday, August 30th.

About Sotherly Hotels

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.