Is Xenia Hotels & Resorts Inc (NYSE:XHR)’s Fuel Running Low? Reports Show More Sellers

Xenia Hotels & Resorts, Inc. (NYSE:XHR) Logo

The stock of Xenia Hotels & Resorts Inc (NYSE:XHR) registered an increase of 23.9% in short interest. XHR’s total short interest was 1.47 million shares in July as published by FINRA. Its up 23.9% from 1.18M shares, reported previously. With 435,300 shares average volume, it will take short sellers 3 days to cover their XHR’s short positions.

The stock increased 1.38% or $0.29 during the last trading session, reaching $21.24. About 447,474 shares traded. Xenia Hotels & Resorts, Inc. (NYSE:XHR) has declined 1.70% since July 14, 2018 and is downtrending. It has underperformed by 6.13% the S&P500.

Xenia Hotels & Resorts, Inc. operates as a self-advised and self-administered real estate investment trust that invests primarily in full service, lifestyle, and urban upscale hotels in the United States. The company has market cap of $2.39 billion. As of October 4, 2017, it owned 39 hotels comprising 11,533 rooms across 18 states and the District of Columbia. It has a 15.38 P/E ratio. The firm has elected to be taxed as a REIT and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders.

More notable recent Xenia Hotels & Resorts, Inc. (NYSE:XHR) news were published by: Seekingalpha.com which released: “Xenia Hotels & Resorts closes on new Waldorf Astoria property in Atlanta – Seeking Alpha” on December 10, 2018, also Prnewswire.com with their article: “Xenia Hotels & Resorts Announces Timing Of Second Quarter 2019 Earnings Release And Conference Call – PRNewswire” published on June 27, 2019, Seekingalpha.com published: “Xenia Hotels & Resorts buys Carlsbad, CA, golf resort for $170M – Seeking Alpha” on November 21, 2018. More interesting news about Xenia Hotels & Resorts, Inc. (NYSE:XHR) were released by: Prnewswire.com and their article: “Xenia Hotels & Resorts Announces Listing Of Its Common Stock On The NYSE And Ringing Of The Opening Bell – PR Newswire” published on February 04, 2015 as well as Seekingalpha.com‘s news article titled: “Xenia Hotels sells DC Hilton Garden Inn for $128M – Seeking Alpha” with publication date: November 29, 2018.

Xenia Hotels & Resorts, Inc. (NYSE:XHR) Ratings Chart

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