American Hotel Income Properties REIT LP (OTCMKTS:AHOTF) Sees Large Drop in Short Interest

American Hotel Income Properties REIT LP (OTCMKTS:AHOTF) was the recipient of a large drop in short interest in December. As of December 31st, there was short interest totalling 38,900 shares, a drop of 59.8% from the December 15th total of 96,700 shares. Based on an average trading volume of 52,200 shares, the short-interest ratio is currently 0.7 days.

American Hotel Income Properties REIT Stock Performance

American Hotel Income Properties REIT stock opened at $0.46 on Tuesday. The stock’s 50 day moving average price is $0.40 and its two-hundred day moving average price is $0.40. American Hotel Income Properties REIT has a 52-week low of $0.29 and a 52-week high of $0.72.

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.