Ashford Hospitality Trust, Inc. (NYSE:AHT) Short Interest Down 13.1% in March

Ashford Hospitality Trust, Inc. (NYSE:AHT - Get Free Report) was the target of a significant decline in short interest in the month of March. As of March 31st, there was short interest totalling 2,780,000 shares, a decline of 13.1% from the March 15th total of 3,200,000 shares. Currently, 7.1% of the shares of the company are sold short. Based on an average trading volume of 651,600 shares, the short-interest ratio is currently 4.3 days.

Hedge Funds Weigh In On Ashford Hospitality Trust

Several hedge funds have recently made changes to their positions in AHT. Virtu Financial LLC bought a new position in shares of Ashford Hospitality Trust in the fourth quarter valued at approximately $31,000. CastleKnight Management LP boosted its holdings in Ashford Hospitality Trust by 91.4% in the 4th quarter. CastleKnight Management LP now owns 1,940,458 shares of the real estate investment trust's stock valued at $3,764,000 after purchasing an additional 926,564 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of Ashford Hospitality Trust by 41.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,786,284 shares of the real estate investment trust's stock valued at $3,465,000 after purchasing an additional 526,792 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of Ashford Hospitality Trust by 141.4% in the third quarter. AQR Capital Management LLC now owns 669,207 shares of the real estate investment trust's stock worth $1,599,000 after purchasing an additional 392,014 shares during the period. Finally, LPL Financial LLC raised its position in shares of Ashford Hospitality Trust by 48.1% in the third quarter. LPL Financial LLC now owns 15,477 shares of the real estate investment trust's stock worth $37,000 after buying an additional 5,027 shares in the last quarter. 41.04% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com raised Ashford Hospitality Trust to a "sell" rating in a report on Monday, March 4th.

Ashford Hospitality Trust Trading Down 3.4 %

Shares of NYSE AHT traded down $0.05 during midday trading on Friday, hitting $1.43. The company's stock had a trading volume of 282,623 shares, compared to its average volume of 575,427. The firm has a market capitalization of $56.78 million, a price-to-earnings ratio of -0.25 and a beta of 2.23. The stock has a fifty day moving average price of $1.48 and a 200 day moving average price of $1.84. Ashford Hospitality Trust has a one year low of $1.24 and a one year high of $5.09.

About Ashford Hospitality Trust

Ashford Hospitality Trust is a real estate investment trust (REIT) focused on investing predominantly in upper upscale, full-service hotels.

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