CapitaLand Ascendas REIT (OTCMKTS:ACDSF – Get Free Report) saw a large increase in short interest in March. As of March 13th, there was short interest totaling 12,329,922 shares, an increase of 36.3% from the February 26th total of 9,048,569 shares. Based on an average trading volume of 28,917 shares, the days-to-cover ratio is currently 426.4 days.
CapitaLand Ascendas REIT Stock Down 2.9%
Shares of ACDSF opened at $1.89 on Friday. CapitaLand Ascendas REIT has a 12-month low of $1.60 and a 12-month high of $2.50. The business has a 50-day simple moving average of $2.07 and a two-hundred day simple moving average of $2.07.
About CapitaLand Ascendas REIT
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.
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