CapitaLand Ascendas REIT (OTCMKTS:ACDSF) Short Interest Up 60.9% in May

CapitaLand Ascendas REIT (OTCMKTS:ACDSFGet Free Report) was the recipient of a large growth in short interest in May. As of May 31st, there was short interest totalling 2,408,800 shares, a growth of 60.9% from the May 15th total of 1,497,000 shares. Based on an average daily volume of 10,400 shares, the short-interest ratio is currently 231.6 days.

CapitaLand Ascendas REIT Trading Up 5.4%

Shares of ACDSF stock opened at $1.95 on Tuesday. CapitaLand Ascendas REIT has a 52-week low of $1.56 and a 52-week high of $2.31. The stock has a fifty day simple moving average of $1.90 and a two-hundred day simple moving average of $1.88.

CapitaLand Ascendas REIT Company Profile

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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.

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