Short Interest in CapitaLand Ascendas REIT (OTCMKTS:ACDSF) Rises By 73.2%

CapitaLand Ascendas REIT (OTCMKTS:ACDSF) saw a large increase in short interest in August. As of August 15th, there was short interest totaling 3,028,000 shares, anincreaseof73.2% from the July 31st total of 1,748,400 shares. Based on an average daily volume of 4,400 shares, the days-to-cover ratio is currently 688.2 days. Based on an average daily volume of 4,400 shares, the days-to-cover ratio is currently 688.2 days.

CapitaLand Ascendas REIT Price Performance

ACDSF opened at $2.15 on Friday. CapitaLand Ascendas REIT has a 52-week low of $1.56 and a 52-week high of $2.50. The business’s fifty day moving average is $2.13 and its 200-day moving average is $1.99.

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.