Short Interest in ESR Group Limited (OTCMKTS:ESRCF) Drops By 6.7%

ESR Group Limited (OTCMKTS:ESRCF) was the recipient of a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 7,816,000 shares, a decline of 6.7% from the December 31st total of 8,374,200 shares. Based on an average daily volume of 900 shares, the days-to-cover ratio is presently 8,684.4 days.

ESR Group Trading Up 47.6 %

Shares of ESRCF traded up $0.50 during mid-day trading on Monday, reaching $1.55. 340 shares of the company’s stock traded hands, compared to its average volume of 15,783. ESR Group has a 12 month low of $0.99 and a 12 month high of $1.90. The stock’s 50-day moving average is $6.97 and its two-hundred day moving average is $7.39.

ESR Group Company Profile

ESR Group Limited, together with its subsidiaries, engages in the logistics real estate development, leasing, and management activities in Hong Kong, China, Japan, South Korea, Australia, New Zealand, Southeast Asia, India, Europe, and internationally. The company operates through three segments: Investment, Fund Management, and New Economy Development.