Short Interest in CapitaLand Ascendas REIT (OTCMKTS:ACDSF) Increases By 6.9%

CapitaLand Ascendas REIT (OTCMKTS:ACDSF) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 3,956,100 shares, an increase of 6.9% from the September 30th total of 3,701,300 shares. Based on an average daily volume of 17,800 shares, the short-interest ratio is presently 222.3 days.

CapitaLand Ascendas REIT Price Performance

OTCMKTS:ACDSF opened at $2.01 on Wednesday. CapitaLand Ascendas REIT has a one year low of $1.71 and a one year high of $2.31. The stock has a 50 day moving average price of $2.04 and a 200 day moving average price of $1.96.

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.