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

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

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut Ashford Hospitality Trust from a “hold” rating to a “sell” rating in a report on Wednesday, November 6th.

Ashford Hospitality Trust Price Performance

NYSE:AHT opened at $7.90 on Friday. Ashford Hospitality Trust has a fifty-two week low of $5.20 and a fifty-two week high of $20.78. The business has a 50 day moving average price of $8.32 and a 200-day moving average price of $8.45.

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. PFG Investments LLC grew its position in shares of Ashford Hospitality Trust by 215.4% in the 3rd quarter. PFG Investments LLC now owns 94,025 shares of the real estate investment trust’s stock worth $70,000 after buying an additional 64,212 shares during the last quarter. FMR LLC increased its position in Ashford Hospitality Trust by 24.3% during the 3rd quarter. FMR LLC now owns 195,330 shares of the real estate investment trust’s stock valued at $146,000 after purchasing an additional 38,215 shares during the period. Geode Capital Management LLC lifted its position in shares of Ashford Hospitality Trust by 42.6% in the 3rd quarter. Geode Capital Management LLC now owns 531,694 shares of the real estate investment trust’s stock worth $398,000 after purchasing an additional 158,882 shares during the period. Finally, Renaissance Technologies LLC boosted its stake in shares of Ashford Hospitality Trust by 4.9% during the 2nd quarter. Renaissance Technologies LLC now owns 482,200 shares of the real estate investment trust’s stock valued at $468,000 after purchasing an additional 22,400 shares in the last quarter. Institutional investors own 41.04% of the company’s stock.

Ashford Hospitality Trust Company Profile

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.