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

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

CapitaLand Ascendas REIT Price Performance

Shares of 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 stock has a 50 day moving average price of $1.93 and a 200-day moving average price of $1.97.

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.