CapitaLand Ascendas REIT (OTCMKTS:ACDSF) Sees Significant Increase in Short Interest

CapitaLand Ascendas REIT (OTCMKTS:ACDSF) was the target of a large increase in short interest in December. As of December 15th, there was short interest totalling 5,394,800 shares, an increase of 8.0% from the November 30th total of 4,995,000 shares. Based on an average daily volume of 54,500 shares, the days-to-cover ratio is presently 99.0 days.

CapitaLand Ascendas REIT Trading Up 2.0 %

OTCMKTS:ACDSF opened at $1.80 on Thursday. CapitaLand Ascendas REIT has a 52 week low of $1.71 and a 52 week high of $2.31. The company’s 50 day moving average price is $1.93 and its 200-day moving average price is $1.97.

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.