CapitaLand Ascendas REIT (OTCMKTS:ACDSF) Short Interest Update

CapitaLand Ascendas REIT (OTCMKTS:ACDSF) was the recipient of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 9,048,569 shares, a growth of 15.4% from the February 12th total of 7,841,352 shares. Based on an average daily volume of 2,391 shares, the short-interest ratio is currently 3,784.4 days. Based on an average daily volume of 2,391 shares, the short-interest ratio is currently 3,784.4 days.

CapitaLand Ascendas REIT Stock Performance

ACDSF opened at $2.03 on Tuesday. CapitaLand Ascendas REIT has a 52 week low of $1.60 and a 52 week high of $2.50. The business has a fifty day simple moving average of $2.10 and a 200-day simple moving average of $2.08.

CapitaLand Ascendas REIT Company Profile

CapitaLand Ascendas REIT (OTCMKTS: ACDSF) is a Singapore-listed real estate investment trust focused on industrial and business space assets. Established with the objective of providing investors with sustainable distributions and long-term capital growth, the trust holds a diversified portfolio of properties that cater to a wide range of industries, including technology, logistics, manufacturing and research and development.

The REIT’s core business activities encompass the acquisition, ownership, asset management and development of business parks, science parks, hi-tech buildings and logistics facilities.