Short Interest in Charter Hall Long WALE REIT (OTCMKTS:CHLWF) Declines By 45.9%

Charter Hall Long WALE REIT (OTCMKTS:CHLWF) was the recipient of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 164,179 shares, a decrease of 45.9% from the July 30th total of 303,487 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Charter Hall Long WALE REIT Stock Performance

Shares of CHLWF opened at $1.73 on Monday. The stock has a 50 day moving average of $1.73 and a 200-day moving average of $1.73. Charter Hall Long WALE REIT has a 52 week low of $1.73 and a 52 week high of $1.73.

Charter Hall Long WALE REIT Company Profile

Charter Hall Long WALE REIT (OTCMKTS:CHLWF) is an Australia-focused real estate investment trust managed by Charter Hall Group, one of the country’s leading property investment and management firms. The trust is structured to deliver stable and predictable income by investing in a diversified portfolio of commercial assets underpinned by long-term lease agreements. Charter Hall Long WALE REIT is quoted on the OTC Markets as an American Depositary Receipt, providing international investors with exposure to Australian real estate.

The fund’s core strategy centers on acquiring office, industrial, and retail properties with weighted average lease expiries that typically extend beyond seven years.