CDL Hospitality Trusts (OTCMKTS:CDHSF) Sees Large Growth in Short Interest

CDL Hospitality Trusts (OTCMKTS:CDHSF) was the recipient of a significant increase in short interest in November. As of November 15th, there was short interest totalling 806,500 shares, an increase of 487.4% from the October 31st total of 137,300 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

CDL Hospitality Trusts Stock Performance

Shares of OTCMKTS CDHSF remained flat at $0.77 during trading on Friday. CDL Hospitality Trusts has a fifty-two week low of $0.67 and a fifty-two week high of $0.77. The business has a fifty day moving average of $0.73 and a 200 day moving average of $0.73.

CDL Hospitality Trusts Company Profile

CDL Hospitality Trusts (CDLHT) is one of Asia’s leading hospitality trusts with assets under management of about S$3.3 billion as at 31 December 2023. CDLHT is a stapled group comprising CDL Hospitality Real Estate Investment Trust (H-REIT), a real estate investment trust, and CDL Hospitality Business Trust (HBT), a business trust.