CDL Hospitality Trusts (OTCMKTS:CDHSF) Sees Significant Growth in Short Interest

CDL Hospitality Trusts (OTCMKTS:CDHSF) was the recipient of a large growth in short interest in November. As of November 15th, there was short interest totalling 806,500 shares, a growth of 487.4% from the October 31st total of 137,300 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

CDL Hospitality Trusts Price Performance

CDHSF remained flat at $0.77 on Wednesday. The company had a trading volume of 1 shares, compared to its average volume of 1,467. The business has a fifty day moving average price of $0.72 and a 200-day moving average price of $0.73. CDL Hospitality Trusts has a 1 year low of $0.67 and a 1 year high of $0.77.

CDL Hospitality Trusts Company Profile

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.