Short interest in RLJ Lodging Trust (NYSE:RLJ) saw a significant increase of 21.0% in January, reaching over 12.87 million shares. This equates to a short-interest ratio of 7.8 days, with 8.8% of the company’s stock currently sold short. While analysts have issued varied ratings, the company currently holds a “Hold” consensus with an average price target of $8.64.
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RLJ Lodging Trust (NYSE:RLJ) Short Interest Up 21.0% in January
Short interest in RLJ Lodging Trust (NYSE:RLJ) saw a significant increase of 21.0% in January, reaching over 12.87 million shares. This equates to a short-interest ratio of 7.8 days, with 8.8% of the company’s stock currently sold short. While analysts have issued varied ratings, the company currently holds a “Hold” consensus with an average price target of $8.64.