ESR Group Limited (OTCMKTS:ESRCF) Sees Significant Increase in Short Interest

ESR Group Limited (OTCMKTS:ESRCF) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totalling 9,460,600 shares, an increase of 21.0% from the December 31st total of 7,816,000 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

ESR Group Stock Performance

ESRCF traded up $0.50 on Monday, reaching $1.55. 340 shares of the company’s stock were exchanged, compared to its average volume of 15,783. ESR Group has a twelve month low of $0.99 and a twelve month high of $1.90. The stock’s fifty day moving average price is $6.97 and its 200-day moving average price is $7.39.

About ESR Group

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.