2 weeks Ago By ABMN Staff
LuxUrban Hotels Inc. ( NASDAQ:LUXHP – Get Free Report ) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totalling 7,400 shares, a decrease of 12.
9% from the August 31st total of 8,500 shares. Based on an average daily trading volume, of 2,900 shares, the short-interest ratio is presently 2.6 days.
LuxUrban Hotels Stock Down 0.7 % Shares of LUXHP opened at $15.98 on Friday.
LuxUrban Hotels has a 1 year low of $11.90 and a 1 year high of $25.25.
The company has a 50 day simple moving average of $14.96 and a two-hundred day simple moving average of $17.33.
LuxUrban Hotels Cuts Dividend The company also recently announced a monthly dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 16th will be issued a $0.2708 dividend.
The ex-dividend date is Monday, September 16th. This represents a $3.25 annualized dividend and a dividend yield of 20.
34%. LuxUrban Hotels Company Profile LuxUrban Hotels Inc utilizes an asset light business model to lease entire hotels on a long-term basis and rent out hotel rooms in the properties it leases. It manages a portfolio of hotel rooms in New York, Washington DC, Miami Beach, New Orleans, and Los Angeles.
The company was formerly known as CorpHousing Group Inc and changed its name to LuxUrban Hotels Inc in November 2022. Read More Receive News & Ratings for LuxUrban Hotels Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LuxUrban Hotels and related companies with MarketBeat.com's FREE daily email newsletter .
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