CapitaLand Ascendas REIT (OTCMKTS:ACDSF) Short Interest Down 15.1% in September

CapitaLand Ascendas REIT (OTCMKTS:ACDSF) was the target of a significant decrease in short interest in September. As of September 30th, there was short interest totalling 3,701,300 shares, a decrease of 15.1% from the September 15th total of 4,360,000 shares. Based on an average daily volume of 14,200 shares, the days-to-cover ratio is presently 260.7 days.

CapitaLand Ascendas REIT Stock Down 6.8 %

CapitaLand Ascendas REIT stock opened at $2.01 on Monday. CapitaLand Ascendas REIT has a 12-month low of $1.71 and a 12-month high of $2.31. The stock has a 50-day simple moving average of $2.03 and a 200 day simple moving average of $1.96.

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.