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

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

Sotherly Hotels Stock Performance

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

Sotherly Hotels Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 16th. Stockholders of record on Friday, August 30th were issued a $0.5156 dividend. The ex-dividend date was Friday, August 30th. This represents a $2.06 dividend on an annualized basis and a dividend yield of 11.23%.

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.