CapitaLand Ascendas REIT (OTCMKTS:ACDSF) Short Interest Update

CapitaLand Ascendas REIT (OTCMKTS:ACDSF) saw a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 1,044,800 shares, a drop of 62.1% from the February 28th total of 2,753,500 shares. Based on an average daily volume of 20,800 shares, the days-to-cover ratio is presently 50.2 days.

CapitaLand Ascendas REIT Stock Up 9.0 %

ACDSF opened at $1.99 on Thursday. CapitaLand Ascendas REIT has a twelve month low of $1.56 and a twelve month high of $2.31. The business’s 50 day moving average is $1.88 and its 200-day moving average is $1.93.

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.