CapitaLand Ascendas REIT (OTCMKTS:ACDSF) Sees Significant Increase in Short Interest

CapitaLand Ascendas REIT (OTCMKTS:ACDSF) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 5,394,800 shares, an increase of 8.0% from the November 30th total of 4,995,000 shares. Based on an average daily trading volume, of 54,500 shares, the days-to-cover ratio is currently 99.0 days.

CapitaLand Ascendas REIT Trading Up 2.0 %

Shares of OTCMKTS ACDSF opened at $1.80 on Wednesday. CapitaLand Ascendas REIT has a twelve month low of $1.71 and a twelve month high of $2.31. The business has a 50 day simple moving average of $1.93 and a 200-day simple moving average of $1.97.

About CapitaLand Ascendas REIT

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.