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

CapitaLand Ascendas REIT (OTCMKTS:ACDSF) saw a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 2,841,400 shares, a decrease of 28.2% from the October 15th total of 3,956,100 shares. Based on an average daily volume of 5,200 shares, the short-interest ratio is presently 546.4 days.

CapitaLand Ascendas REIT Price Performance

Shares of ACDSF stock opened at $1.94 on Thursday. The stock has a 50 day moving average price of $2.04 and a 200 day moving average price of $1.97. CapitaLand Ascendas REIT has a 52-week low of $1.71 and a 52-week high of $2.31.

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.