DEXUS (OTCMKTS:DEXSF) Sees Large Drop in Short Interest

DEXUS (OTCMKTS:DEXSF) was the target of a large decline in short interest in the month of July. As of July 15th, there was short interest totalling 2,054,300 shares, a decline of 48.4% from the June 30th total of 3,977,700 shares. Based on an average daily volume of 4,500 shares, the days-to-cover ratio is presently 456.5 days.

DEXUS Price Performance

DEXSF traded down C$0.94 during trading on Friday, reaching C$4.09. 5,077 shares of the company were exchanged, compared to its average volume of 2,123. DEXUS has a 52 week low of C$4.03 and a 52 week high of C$5.57. The firm has a 50 day moving average of C$4.51 and a 200 day moving average of C$4.79.

About DEXUS

Dexus (ASX: DXS) is a leading Australasian fully integrated real asset group, managing a high-quality Australasian real estate and infrastructure portfolio valued at $61.0 billion (pro forma post final completion of the AMP Capital acquisition). We believe that the strength and quality of our relationships will always be central to our success and are deeply connected to our purpose: Unlock potential, create tomorrow.