CapitaLand Ascendas REIT (OTCMKTS:ACDSF) Short Interest Up 6.9% in October

CapitaLand Ascendas REIT (OTCMKTS:ACDSF) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 3,956,100 shares, a growth of 6.9% from the September 30th total of 3,701,300 shares. Based on an average trading volume of 17,800 shares, the days-to-cover ratio is presently 222.3 days.

CapitaLand Ascendas REIT Price Performance

Shares of ACDSF stock opened at $2.00 on Friday. CapitaLand Ascendas REIT has a 52-week low of $1.71 and a 52-week high of $2.31. The company has a 50-day simple moving average of $2.04 and a two-hundred day simple moving average of $1.96.

About CapitaLand Ascendas REIT

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.