Short Interest in CapitaLand Ascendas REIT (OTCMKTS:ACDSF) Decreases By 11.0%

CapitaLand Ascendas REIT (OTCMKTS:ACDSF) saw a significant drop in short interest in March. As of March 31st, there was short interest totalling 2,809,900 shares, a drop of 11.0% from the March 15th total of 3,156,300 shares. Based on an average trading volume of 244,100 shares, the short-interest ratio is presently 11.5 days.

CapitaLand Ascendas REIT Stock Performance

ACDSF opened at $1.97 on Monday. The firm’s 50-day moving average price is $2.04 and its 200-day moving average price is $2.07. CapitaLand Ascendas REIT has a 52-week low of $1.78 and a 52-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.