Ascendas Real Estate Investment Trust (OTCMKTS:ACDSF) Short Interest Update

As of May 31st, there was short interest totaling 2,492,000 shares, a decrease of 14.3% from the May 15th total of 2,909,200 shares Based on an average trading volume of 27,900 shares, the days-to-cover ratio is currently 89.3 days.

Shares of OTCMKTS:ACDSF opened at $1.94 on Friday. The firm’s 50 day simple moving average is $2.04 and its 200 day simple moving average is $2.09. Ascendas Real Estate Investment Trust has a fifty-two week low of $1.92 and a fifty-two week high of $2.35.

About Ascendas Real Estate Investment Trust (Get Rating)

Ascendas Real Estate Investment Trust (Ascendas Reit) 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. As at 31 December 2020, Ascendas Reit’s investment properties under management stood at S$13.7 billion.

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