Short Interest in CDL Hospitality Trusts (OTCMKTS:CDHSF) Increases By 44.0%

CDL Hospitality Trusts (OTCMKTS:CDHSF) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 462,500 shares, an increase of 44.0% from the August 15th total of 321,100 shares. Based on an average daily volume of 1,400 shares, the short-interest ratio is currently 330.4 days.

CDL Hospitality Trusts Stock Performance

OTCMKTS:CDHSF remained flat at $0.67 during trading hours on Friday. CDL Hospitality Trusts has a 52 week low of $0.67 and a 52 week high of $0.67. The firm has a fifty day moving average price of $0.68 and a 200 day moving average price of $0.77.

About CDL Hospitality Trusts

CDL Hospitality Trusts (CDLHT) is one of Asia's leading hospitality trusts with assets under management of about S$3.3 billion as at 31 December 2023. CDLHT is a stapled group comprising CDL Hospitality Real Estate Investment Trust (H-REIT), a real estate investment trust, and CDL Hospitality Business Trust (HBT), a business trust.