Short Interest in Ashford Hospitality Trust, Inc. (NYSE:AHT) Declines By 19.4%

Ashford Hospitality Trust, Inc. (NYSE:AHT) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 127,400 shares, a decrease of 19.4% from the December 31st total of 158,000 shares. Approximately 2.4% of the company’s stock are sold short. Based on an average daily volume of 53,300 shares, the short-interest ratio is currently 2.4 days.

Ashford Hospitality Trust Price Performance

NYSE AHT opened at $7.90 on Friday. Ashford Hospitality Trust has a 12 month low of $5.20 and a 12 month high of $20.78. The stock’s fifty day moving average price is $8.32 and its 200-day moving average price is $8.45.

Ashford Hospitality Trust (NYSE:AHT) last released its quarterly earnings data on Tuesday, November 5th. The real estate investment trust reported ($12.39) earnings per share for the quarter, missing analysts’ consensus estimates of $0.60 by ($12.99). The firm had revenue of $276.60 million for the quarter, compared to the consensus estimate of $273.50 million. Ashford Hospitality Trust had a net margin of 2.84% and a negative return on equity of 12.89%. During the same quarter in the prior year, the business posted $0.08 earnings per share. On average, equities research analysts forecast that Ashford Hospitality Trust will post -0.68 earnings per share for the current year.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of Ashford Hospitality Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, November 6th.

Hedge Funds Weigh In On Ashford Hospitality Trust

Hedge funds have recently added to or reduced their stakes in the company. PFG Investments LLC boosted its holdings in Ashford Hospitality Trust by 215.4% in the third quarter. PFG Investments LLC now owns 94,025 shares of the real estate investment trust’s stock worth $70,000 after purchasing an additional 64,212 shares during the last quarter. FMR LLC lifted its stake in shares of Ashford Hospitality Trust by 24.3% in the 3rd quarter. FMR LLC now owns 195,330 shares of the real estate investment trust’s stock worth $146,000 after purchasing an additional 38,215 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Ashford Hospitality Trust by 42.6% in the third quarter. Geode Capital Management LLC now owns 531,694 shares of the real estate investment trust’s stock worth $398,000 after buying an additional 158,882 shares during the last quarter. Finally, Renaissance Technologies LLC grew its position in Ashford Hospitality Trust by 4.9% during the second quarter. Renaissance Technologies LLC now owns 482,200 shares of the real estate investment trust’s stock valued at $468,000 after buying an additional 22,400 shares during the period. 41.04% of the stock is currently owned by hedge funds and other institutional investors.

About Ashford Hospitality Trust

Ashford Hospitality Trust, Inc, together with its subsidiaries (Ashford Trust), is a real estate investment trust (REIT). While our portfolio currently consists of upscale hotels and upper upscale full-service hotels, our investment strategy is predominantly focused on investing in upper upscale full-service hotels in the United States that have revenue per available room (RevPAR) generally less than twice the U.S.