CapitaLand Ascendas REIT (OTCMKTS:ACDSF) Sees Large Increase in Short Interest

CapitaLand Ascendas REIT (OTCMKTS:ACDSF) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totalling 4,360,000 shares, a growth of 1,481.4% from the August 31st total of 275,700 shares. Based on an average daily volume of 54,600 shares, the short-interest ratio is presently 79.9 days.

CapitaLand Ascendas REIT Price Performance

OTCMKTS ACDSF opened at $2.10 on Friday. CapitaLand Ascendas REIT has a 12 month low of $1.71 and a 12 month high of $2.31. The stock has a 50 day moving average of $1.99 and a 200-day moving average of $1.96.

CapitaLand Ascendas REIT Company Profile

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.