INN - Summit Hotel Properties climbs amid short squeeze enthusiasm

Summit Hotel Properties ([[INN]] +4.9%) gains 5.0%, its largest jump since Jan. 6, on volume of 1.76M, more than its average daily volume of  1.21M.The move comes as some retail investors attempt short squeezes on heavily shorted stocks. INN's short interest stands at ~5.31%.INN shares have dropped 7.5% in the previous five sessions.On Jan. 27, the SEC said it's monitoring short-squeeze volatility.SA contributor Hugh Akston Investments takes a data-forward look on short squeezes.

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Summit Hotel Properties climbs amid short squeeze enthusiasm