Short Interest Update on Hospitality Properites Trust (HPT)

Hospitality Properites Trust (HPT) : 11 days before expiry, shorts in Hospitality Properites Trust (HPT) have reduced from 7,173,927 on Jul 29, 2016, to 6,912,356 on August 15, 2016. On an average, 610,271 shares are traded on the exchange. The outstanding bearish positions are equal to 4.6% of the float. Short sellers have covered -261,571 shares, a reduction of -3.7%, which underlines that they dont expect the stock to fall further from the current levels. The short interest information was released on Wednesday Aug 24th after the market close.

Hospitality Properites Trust (NYSE:HPT): The stock opened at $30.74 on Wednesday but the bulls could not build on the opening and the stock topped out at $30.75 for the day. The stock traded down to $30.15 during the day, due to lack of any buying support eventually closed down at $30.22 with a loss of -1.44% for the day. The stock had closed at $30.66 on the previous day. The total traded volume was 1,105,965 shares.


Hospitality Properties Trust (HPT) is a real estate investment trust (REIT). The Company operates in two segments: hotel real estate investments and travel center real estate investments. The Company owns approximately 291 hotels with 44,107 rooms or suites, and 184 travel centers. The Company does not operate its properties. Instead its properties are operated by other companies under long term management or lease agreements. The Company leased approximately 288 of its hotels are leased to its taxable REIT subsidiaries (TRSs) and managed by independent hotel operating companies and three hotels are leased to third parties. The Company also owns 184 travel centers, all of which it leases to TravelCenters of America LLC or its subsidiaries pursuant to long term leases. The Companys properties are located in 44 states in the United States, Canada and Puerto Rico.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.