CDL Hospitality Trusts (OTCMKTS:CDHSF) Sees Large Increase in Short Interest

CDL Hospitality Trusts (OTCMKTS:CDHSFGet Free Report) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totalling 33,600 shares, a growth of 103.6% from the June 30th total of 16,500 shares. Based on an average trading volume of 200 shares, the short-interest ratio is currently 168.0 days.

CDL Hospitality Trusts Stock Performance

Shares of CDL Hospitality Trusts stock remained flat at $0.67 on Friday. The firm has a 50-day moving average of $0.78 and a 200 day moving average of $0.80. CDL Hospitality Trusts has a 12 month low of $0.67 and a 12 month high of $0.67.

About CDL Hospitality Trusts

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CDL Hospitality Trusts (CDLHT) is one of Asia's leading hospitality trusts with assets under management of about S$3.3 billion as at 31 December 2023. CDLHT is a stapled group comprising CDL Hospitality Real Estate Investment Trust (H-REIT), a real estate investment trust, and CDL Hospitality Business Trust (HBT), a business trust.

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