Short Interest in CapitaLand Ascott Trust (OTCMKTS:ATTRF) Declines By 50.4%

CapitaLand Ascott Trust (OTCMKTS:ATTRF) was the target of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 34,584 shares, a decrease of 50.4% from the June 15th total of 69,684 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

CapitaLand Ascott Trust Stock Performance

OTCMKTS ATTRF opened at $0.74 on Thursday. CapitaLand Ascott Trust has a 12 month low of $0.67 and a 12 month high of $0.78. The company’s 50 day simple moving average is $0.74 and its 200 day simple moving average is $0.73.

About CapitaLand Ascott Trust

CapitaLand Ascott Trust (CLAS) is the largest lodging trust in Asia Pacific with an asset value of S$8.7 billion as at 31 December 2023. CLAS' objective is to invest primarily in incomeproducing real estate and real estate-related assets which are used or predominantly used as serviced residences, rental housing properties, student accommodation and other hospitality assets in any country in the world. CLAS was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) since March 2006, and is a constituent of the FTSE EPRA Nareit Global Real Estate Index Series (Global Developed Index).