Short Interest in Stockland (OTCMKTS:STKAF) Increases By 67.0%

Stockland (OTCMKTS:STKAF) was the recipient of a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 3,630,400 shares, an increase of 67.0% from the November 15th total of 2,173,500 shares. Based on an average daily volume of 19,500 shares, the short-interest ratio is currently 186.2 days.

Stockland Stock Performance

Shares of STKAF traded up $0.12 during mid-day trading on Friday, hitting $3.22. The company’s stock had a trading volume of 76,640 shares, compared to its average volume of 5,690. Stockland has a fifty-two week low of $2.68 and a fifty-two week high of $3.86. The firm has a 50-day moving average price of $3.40 and a 200 day moving average price of $3.26.

About Stockland

We are a leading creator and curator of connected communities with people at the heart of the places we create. For more than 70 years, we have built a proud legacy, helping more Australians achieve the dream of home ownership, and enabling the future of work and retail. Today, we continue to build on our history as one of Australia's largest diversified property groups to elevate the social value of our places, and create a tangible sense of human connection, belonging and community for our customers.