CDL Hospitality Trusts (OTCMKTS:CDHSF – Get Free Report) saw a large decline in short interest in June. As of June 30th, there was short interest totaling 627,447 shares, a decline of 37.3% from the June 15th total of 1,000,247 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.
CDL Hospitality Trusts Stock Performance
Shares of CDL Hospitality Trusts stock opened at $0.64 on Friday. The business has a fifty day simple moving average of $0.64 and a 200-day simple moving average of $0.64. CDL Hospitality Trusts has a fifty-two week low of $0.64 and a fifty-two week high of $0.67.
About CDL Hospitality Trusts
CDL Hospitality Trusts (OTCMKTS: CDHSF) is a Singapore‐listed stapled trust that owns and operates a diversified portfolio of hospitality properties in Asia Pacific. The trust combines real estate investment trust (REIT) units and stapled security units, providing investors with exposure to income‐generating hotel assets. Its main business activities include acquiring, owning, leasing and managing a mix of upscale and upper‐midscale hotels under established international brands, as well as boutique and lifestyle properties tied to its sponsor, City Developments Limited (CDL).
The trust’s portfolio spans key gateway cities in Singapore and Australia.
Featured Stories
- Five stocks we like better than CDL Hospitality Trusts
- Netflix May Be Cheap Enough to Tempt Buyers After Earnings Drop
- Delta vs. United: Which Airline Is Better Built for Higher Fuel Costs?
- The Market Sold Alcoa After Earnings—But It May Be Missing the Real Story
- Why Intuitive Surgical’s Strong Quarter Still Spooked Investors
Receive News & Ratings for CDL Hospitality Trusts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CDL Hospitality Trusts and related companies with MarketBeat.com's FREE daily email newsletter.
