Short Interest in InnSuites Hospitality Trust (NYSEAMERICAN:IHT) Decreases By 21.4%

InnSuites Hospitality Trust (NYSEAMERICAN:IHT) saw a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 2,200 shares, a decrease of 21.4% from the March 31st total of 2,800 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 74,000 shares, the short-interest ratio is currently 0.0 days.

An institutional investor recently raised its position in InnSuites Hospitality Trust stock. Renaissance Technologies LLC grew its position in InnSuites Hospitality Trust (NYSEAMERICAN:IHT) by 72.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 35,600 shares of the company’s stock after acquiring an additional 14,900 shares during the quarter. Renaissance Technologies LLC owned about 0.38% of InnSuites Hospitality Trust worth $78,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 0.28% of the company’s stock.

InnSuites Hospitality Trust stock traded down $0.25 during mid-day trading on Tuesday, hitting $2.06. The company had a trading volume of 94,428 shares, compared to its average volume of 81,846. InnSuites Hospitality Trust has a 1 year low of $0.75 and a 1 year high of $4.08. The business has a fifty day moving average of $2.22.

InnSuites Hospitality Trust Company Profile

InnSuites Hospitality Trust (NYSE American symbol: IHT) first listed on the NYSE in 1971 is headquartered in Phoenix, Arizona is an unincorporated Ohio Business. Trust that owns and manages hotels under the InnSuites Hotels name. InnSuites® Hotels and Suites has owned real estate and hotels and provided hotel services including management, branding, and reservations to hotels under the brand name ÂInnSuites trademarked and owned by IHT over 40 years by being innovators for guest needs and recognizing hotel membership demands.

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