Charter Hall Group (OTCMKTS:CTOUF) Sees Large Drop in Short Interest

Charter Hall Group (OTCMKTS:CTOUF) saw a large decline in short interest during the month of August. As of August 15th, there was short interest totalling 670,300 shares, a decline of 42.5% from the July 31st total of 1,166,400 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 6,703.0 days.

Charter Hall Group Stock Performance

Shares of CTOUF traded up $1.08 during mid-day trading on Wednesday, hitting $9.78. The company’s stock had a trading volume of 2,725 shares, compared to its average volume of 1,959. The firm has a 50-day moving average price of $8.12 and a 200 day moving average price of $7.90. Charter Hall Group has a fifty-two week low of $5.22 and a fifty-two week high of $9.78.

About Charter Hall Group

Charter Hall is one of Australia's leading fully integrated property investment and funds management groups. We use our expertise to access, deploy, manage and invest equity to create value and generate superior returns for our investor customers. We've curated a diverse portfolio of high-quality properties across our core sectors Office, Industrial & Logistics, Retail and Social Infrastructure.