Sotherly Hotels Inc. (NASDAQ:SOHOB) Short Interest Down 54.8% in April

Sotherly Hotels Inc. (NASDAQ:SOHOB) was the target of a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 1,400 shares, a decline of 54.8% from the March 31st total of 3,100 shares. Based on an average trading volume of 4,200 shares, the short-interest ratio is presently 0.3 days.

Sotherly Hotels Stock Up 1.0 %

Shares of SOHOB stock traded up $0.19 during trading hours on Friday, hitting $19.25. The company’s stock had a trading volume of 1,230 shares, compared to its average volume of 4,167. Sotherly Hotels has a 12-month low of $17.60 and a 12-month high of $25.45. The company has a 50 day moving average of $19.05 and a 200 day moving average of $20.24.

Sotherly Hotels Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Thursday, February 29th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 10.39%. The ex-dividend date of this dividend was Wednesday, February 28th.

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.