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

CapitaLand Ascendas REIT (OTCMKTS:ACDSF) saw a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 2,841,400 shares, a decline of 28.2% from the October 15th total of 3,956,100 shares. Based on an average daily trading volume, of 5,200 shares, the days-to-cover ratio is currently 546.4 days.

CapitaLand Ascendas REIT Price Performance

Shares of OTCMKTS ACDSF opened at $1.94 on Friday. CapitaLand Ascendas REIT has a 1-year low of $1.71 and a 1-year high of $2.31. The business has a 50-day moving average of $2.05 and a 200-day moving average of $1.97.

CapitaLand Ascendas REIT Company Profile

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.