CDL Hospitality Trusts (OTCMKTS:CDHSF – Get Free Report) was the recipient of a large decrease in short interest in June. As of June 30th, there was short interest totaling 627,447 shares, a decrease of 37.3% from the June 15th total of 1,000,247 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ? days.
CDL Hospitality Trusts Price Performance
OTCMKTS:CDHSF remained flat at $0.64 during trading hours on Friday. The stock’s fifty day simple moving average is $0.64 and its 200 day simple moving average is $0.64. CDL Hospitality Trusts has a 1-year low of $0.64 and a 1-year high of $0.67.
About CDL Hospitality Trusts
CDL Hospitality Trusts (OTCMKTS: CDHSF) is a Singapore?listed stapled trust that owns and operates a diversified portfolio of hospitality properties in Asia Pacific. The trust combines real estate investment trust (REIT) units and stapled security units, providing investors with exposure to income?generating hotel assets. Its main business activities include acquiring, owning, leasing and managing a mix of upscale and upper?midscale hotels under established international brands, as well as boutique and lifestyle properties tied to its sponsor, City Developments Limited (CDL).
The trust’s portfolio spans key gateway cities in Singapore and Australia.
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