|Bid||19.55 x 100|
|Ask||19.63 x 100|
|Day's Range||19.39 - 19.76|
|52 Week Range||18.92 - 25.10|
|PE Ratio (TTM)||12.41|
|Dividend & Yield||1.32 (6.69%)|
|1y Target Est||N/A|
Short interest is low for RLJ with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Over the last month, ETFs holding RLJ are favorable, with net inflows of $2.82 billion.
The real estate investment trust that owns the Vinoy Renaissance St. Petersburg Resort & Golf Club has agreed to merge with another REIT. Shareholders of both FelCor Lodging Trust (FCH), which now owns the Vinoy, and RLJ Lodging Trust (RLJ) approved the merger Tuesday. The deal establishes a $7 billion hospitality REIT.
Shareholders of RLJ Lodging Trust (NYSE: RLJ) signed off on the Bethesda real estate investment trust’s acquisition of FelCor Lodging Trust on Tuesday, paving the way for the close of the deal at the end ...