Short Interest in American Hotel Income Properties REIT LP (OTCMKTS:AHOTF) Drops By 57.7%

American Hotel Income Properties REIT LP (OTCMKTS:AHOTF) was the recipient of a large drop in short interest during 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 trading volume, of 23,900 shares, the short-interest ratio is presently 1.2 days.

American Hotel Income Properties REIT Stock Performance

AHOTF stock opened at $0.37 on Friday. American Hotel Income Properties REIT has a twelve month low of $0.29 and a twelve month high of $0.54. The business has a fifty day moving average of $0.44 and a 200-day moving average of $0.44.

About American Hotel Income Properties REIT

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.