CDL Hospitality Trusts (OTCMKTS:CDHSF) Sees Large Decline in Short Interest

CDL Hospitality Trusts (OTCMKTS:CDHSF) was the target of a significant drop in short interest in November. As of November 30th, there was short interest totalling 739,700 shares, a drop of 8.3% from the November 15th total of 806,500 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

CDL Hospitality Trusts Stock Performance

OTCMKTS:CDHSF opened at $0.77 on Tuesday. CDL Hospitality Trusts has a 12-month low of $0.67 and a 12-month high of $0.77. The stock has a fifty day moving average price of $0.75 and a 200 day moving average price of $0.73.

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.