Charter Hall Long WALE REIT (OTCMKTS:CHLWF) Short Interest Update

Charter Hall Long WALE REIT (OTCMKTS:CHLWF) was the recipient of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 164,179 shares, a drop of 45.9% from the July 30th total of 303,487 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Charter Hall Long WALE REIT Price Performance

Shares of OTCMKTS:CHLWF remained flat at $1.73 during midday trading on Friday. The firm’s 50 day moving average is $1.73 and its 200 day moving average is $1.73. Charter Hall Long WALE REIT has a twelve month low of $1.73 and a twelve month high of $1.73.

Charter Hall Long WALE REIT Company Profile

Charter Hall Long WALE REIT (OTCMKTS:CHLWF) is an Australia-focused real estate investment trust managed by Charter Hall Group, one of the country’s leading property investment and management firms. The trust is structured to deliver stable and predictable income by investing in a diversified portfolio of commercial assets underpinned by long-term lease agreements. Charter Hall Long WALE REIT is quoted on the OTC Markets as an American Depositary Receipt, providing international investors with exposure to Australian real estate.

The fund’s core strategy centers on acquiring office, industrial, and retail properties with weighted average lease expiries that typically extend beyond seven years.