Ascendas Real Estate Investment Trust (OTCMKTS:ACDSF) Short Interest Down 14.3% in May

Ascendas Real Estate Investment Trust (OTCMKTS:ACDSFGet Rating) was the recipient of a significant drop in short interest in the month of May. As of May 31st, there was short interest totalling 2,492,000 shares, a drop of 14.3% from the May 15th total of 2,909,200 shares. Based on an average daily volume of 27,900 shares, the days-to-cover ratio is presently 89.3 days.

ACDSF opened at $1.94 on Friday. The firm’s fifty day moving average price is $2.04 and its two-hundred day moving average price is $2.09. Ascendas Real Estate Investment Trust has a fifty-two week low of $1.92 and a fifty-two week high of $2.35.

Ascendas Real Estate Investment Trust Company Profile (Get Rating)

Ascendas Real Estate Investment Trust (Ascendas Reit) is Singapore's first and largest listed business space and industrial real estate investment trust. It was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in November 2002. As at 31 December 2020, Ascendas Reit's investment properties under management stood at S$13.7 billion.

Read More

Want More Great Investing Ideas?

Receive News & Ratings for Ascendas Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ascendas Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.