Short Interest in CapitaLand Ascott Trust (OTCMKTS:ATTRF) Grows By 238.5%

CapitaLand Ascott Trust (OTCMKTS:ATTRF) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 69,684 shares, a growth of 238.5% from the May 31st total of 20,584 shares. Based on an average daily volume of 13 shares, the short-interest ratio is currently 5,360.3 days.

CapitaLand Ascott Trust Stock Performance

Shares of CapitaLand Ascott Trust stock opened at $0.74 on Friday. CapitaLand Ascott Trust has a twelve month low of $0.67 and a twelve month high of $0.78. The company’s 50 day moving average is $0.74 and its 200 day moving average is $0.72.

About CapitaLand Ascott Trust

CapitaLand Ascott Trust (CLAS) is the largest lodging trust in Asia Pacific with an asset value of S$8.7 billion as at 31 December 2023. CLAS' objective is to invest primarily in incomeproducing real estate and real estate-related assets which are used or predominantly used as serviced residences, rental housing properties, student accommodation and other hospitality assets in any country in the world. CLAS was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) since March 2006, and is a constituent of the FTSE EPRA Nareit Global Real Estate Index Series (Global Developed Index).