CapitaLand Ascendas REIT (OTCMKTS:ACDSF) Sees Large Growth in Short Interest

CapitaLand Ascendas REIT (OTCMKTS:ACDSFGet Free Report) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 5,332,600 shares, an increase of 17.2% from the April 30th total of 4,551,800 shares. Based on an average daily trading volume, of 17,600 shares, the days-to-cover ratio is currently 303.0 days.

CapitaLand Ascendas REIT Stock Performance

ACDSF stock opened at $1.89 on Friday. The firm’s fifty day moving average is $1.95 and its 200 day moving average is $2.06. CapitaLand Ascendas REIT has a one year low of $1.78 and a one year high of $2.31.

CapitaLand Ascendas REIT Company Profile

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CapitaLand Ascendas REIT (CLAR) 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. CLAR has since grown to be a global REIT anchored in Singapore, with a strong focus on tech and logistics properties in developed markets.

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