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

CapitaLand Ascendas REIT (OTCMKTS:ACDSFGet Free Report) 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

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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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