American Hotel Income Properties REIT LP (OTCMKTS:AHOTF) Short Interest Update

American Hotel Income Properties REIT LP (OTCMKTS:AHOTFGet Rating) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 11,500 shares, an increase of 74.2% from the August 15th total of 6,600 shares. Based on an average daily volume of 9,100 shares, the days-to-cover ratio is currently 1.3 days.

American Hotel Income Properties REIT Stock Performance

Shares of AHOTF stock opened at $2.70 on Thursday. The firm has a 50-day moving average of $2.68 and a 200-day moving average of $2.91. American Hotel Income Properties REIT has a one year low of $2.39 and a one year high of $3.87.

Analysts Set New Price Targets

Several research analysts recently issued reports on AHOTF shares. Scotiabank cut their target price on shares of American Hotel Income Properties REIT to C$4.50 in a research note on Thursday, August 11th. National Bank Financial upped their price objective on shares of American Hotel Income Properties REIT to C$4.00 in a report on Thursday, August 11th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, American Hotel Income Properties REIT currently has a consensus rating of “Hold” and an average price target of $4.80.

American Hotel Income Properties REIT Company Profile

(Get Rating)

American Hotel Income Properties REIT LP (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.U), or AHIP, is a limited partnership formed to invest in hotel real estate properties across the United States. AHIP's 78 premium branded, select-service hotels are located in secondary metropolitan markets that benefit from diverse and stable demand.

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