Charter Hall Group (OTCMKTS:CTOUF) Sees Large Decrease in Short Interest

Charter Hall Group (OTCMKTS:CTOUF) was the target of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 434,600 shares, a decrease of 24.0% from the February 13th total of 571,600 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 4,346.0 days.

Charter Hall Group Price Performance

CTOUF opened at $10.25 on Monday. The firm’s 50-day simple moving average is $9.67 and its 200-day simple moving average is $9.74. Charter Hall Group has a twelve month low of $7.09 and a twelve month high of $10.93.

About Charter Hall Group

Charter Hall is one of Australia’s leading fully integrated property investment and funds management groups. We use our expertise to access, deploy, manage and invest equity to create value and generate superior returns for our investor customers. We’ve curated a diverse portfolio of high-quality properties across our core sectors Office, Industrial & Logistics, Retail and Social Infrastructure.