CapitaLand Ascendas REIT (OTCMKTS:ACDSF) Short Interest Up 7.6% in April

CapitaLand Ascendas REIT (OTCMKTS:ACDSF) was the recipient of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 3,022,400 shares, an increase of 7.6% from the March 31st total of 2,809,900 shares. Based on an average daily trading volume, of 15,900 shares, the days-to-cover ratio is currently 190.1 days.

CapitaLand Ascendas REIT Stock Up 0.5 %

ACDSF stock opened at $1.92 on Thursday. The firm’s 50-day simple moving average is $2.00 and its 200 day simple moving average is $2.06. CapitaLand Ascendas REIT has a fifty-two week low of $1.78 and a fifty-two week high of $2.31.

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.