Short Interest in CapitaLand Ascendas REIT (OTCMKTS:ACDSF) Grows By 25.9%

CapitaLand Ascendas REIT (OTCMKTS:ACDSF) was the target of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 3,578,600 shares, a growth of 25.9% from the October 31st total of 2,841,400 shares. Based on an average trading volume of 13,400 shares, the short-interest ratio is currently 267.1 days.

CapitaLand Ascendas REIT Trading Up 5.4 %

Shares of ACDSF stock traded up $0.10 during trading hours on Friday, hitting $2.04. 1,500 shares of the company’s stock were exchanged, compared to its average volume of 13,521. CapitaLand Ascendas REIT has a 12-month low of $1.71 and a 12-month high of $2.31. The business’s 50 day simple moving average is $2.03 and its 200-day simple moving average is $1.98.

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.