Stockland (OTCMKTS:STKAF) Sees Significant Decline in Short Interest

Stockland (OTCMKTS:STKAF) saw a significant decrease in short interest during the month of May. As of May 31st, there was short interest totalling 114,900 shares, a decrease of 31.2% from the May 15th total of 166,900 shares. Based on an average daily volume of 1,900 shares, the short-interest ratio is currently 60.5 days.

Stockland Trading Up 1.4%

Shares of Stockland stock opened at $3.58 on Thursday. Stockland has a 52 week low of $2.95 and a 52 week high of $3.86. The firm’s 50 day moving average is $3.44 and its two-hundred day moving average is $3.24.

About Stockland

We are a leading creator and curator of connected communities with people at the heart of the places we create. For more than 70 years, we have built a proud legacy, helping more Australians achieve the dream of home ownership, and enabling the future of work and retail. Today, we continue to build on our history as one of Australia's largest diversified property groups to elevate the social value of our places, and create a tangible sense of human connection, belonging and community for our customers.