Hersha Hospitality Trust (HT) Short Interest Ratio & Short Volume

Short interest is the volume of Hersha Hospitality Trust shares that have been sold short but have not yet been closed out or covered. As of November 15th, investors have sold 1,090,000 shares of HT short. 3.49% of Hersha Hospitality Trust's shares are currently sold short. Learn More on Hersha Hospitality Trust's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. HT shares currently have a short interest ratio of 1.0. Learn More on Hersha Hospitality Trust's short interest ratio.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 3.49% of Hersha Hospitality Trust's floating shares are currently sold short.

Hersha Hospitality Trust saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 1,090,000 shares, a decline of 14.8% from the previous total of 1,280,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Hersha Hospitality Trust currently has issued a total of 40,300,000 shares. Some of Hersha Hospitality Trust's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Hersha Hospitality Trust currently has a public float of 31,270,000 shares.

3.49% of Hersha Hospitality Trust's shares are currently sold short. Here is how the short interest of companies compare to Hersha Hospitality Trust: DiamondRock Hospitality (8.13%), Pebblebrook Hotel Trust (10.70%), RLJ Lodging Trust (8.49%), Diversified Healthcare Trust (4.00%), Universal Health Realty Income Trust (1.69%), Summit Hotel Properties, Inc. (3.60%), Chatham Lodging Trust (1.48%), Service Properties Trust (3.05%), Ashford Hospitality Trust, Inc. (1.80%), American Tower Co. (1.16%),

As of the most recent reporting period, the following stocks had the largest short interest positions: RTX Co. ($7.24 billion), T-Mobile US, Inc. ($4.02 billion), Charter Communications, Inc. ($3.72 billion), Occidental Petroleum Co. ($2.80 billion), Lululemon Athletica Inc. ($2.48 billion), Coinbase Global, Inc. ($2.38 billion), Tractor Supply ($2.35 billion), Rivian Automotive, Inc. ($1.79 billion), Royal Caribbean Cruises Ltd. ($1.73 billion), and Moderna, Inc. ($1.71 billion). View all of the most shorted stocks.

Short selling HT is an investing strategy that aims to generate trading profit from Hersha Hospitality Trust as its price is falling. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Hersha Hospitality Trust occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of HT, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including HT, twice per month. The most recent reporting period available is November, 15 2023.