Short Interest in CapitaLand Ascendas REIT (OTCMKTS:ACDSF) Rises By 11.7%

CapitaLand Ascendas REIT (OTCMKTS:ACDSF – Get Rating) was the recipient of a large increase in short interest in the month of December. As of December 30th, there was short interest totalling 1,080,500 shares, an increase of 11.7% from the December 15th total of 967,500 shares. Based on an average trading volume of 54,000 shares, the days-to-cover ratio is presently 20.0 days.

CapitaLand Ascendas REIT Stock Performance

ACDSF opened at $2.10 on Friday. CapitaLand Ascendas REIT has a 12 month low of $1.64 and a 12 month high of $2.25. The stock’s 50 day moving average price is $2.00 and its 200 day moving average price is $1.99.

About CapitaLand Ascendas REIT

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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.