ASCENDAS REAL ESTATE INVESTMENT TRUST UN (OTCMKTS:ACDSF) on Focus After Report of More Shorts

The stock of ASCENDAS REAL ESTATE INVESTMENT TRUST UN (OTCMKTS:ACDSF) registered an increase of 29.3% in short interest. ACDSF’s total short interest was 1.52 million shares in July as published by FINRA. Its up 29.3% from 1.17 million shares, reported previously. With 85,800 shares average volume, it will take short sellers 18 days to cover their ACDSF’s short positions.

It closed at $2.28 lastly. It is down 0.00% since July 14, 2018 and is . It has underperformed by 4.43% the S&P500.

Ascendas Real Estate Investment Trust is a real estate investment trust externally managed by Ascendas Funds Management Limited. The company has market cap of $7.08 billion. The firm invests in the real estate markets of Singapore and Australia. It has a 19.66 P/E ratio. The Company’s portfolio is diversified across five major divisions of the business space and industrial property market.

More notable recent Ascendas Real Estate Investment Trust (OTCMKTS:ACDSF) news were published by: Seekingalpha.com which released: “Ascendas REIT: Well Diversified Tenants And Leases Means Safety – Seeking Alpha” on March 07, 2018, also Seekingalpha.com with their article: “CapitaCommercial: Interesting Commercial S-REIT – Seeking Alpha” published on June 11, 2018, Seekingalpha.com published: “Ascendas REIT: Australian Expansion Presents Promise – Seeking Alpha” on June 29, 2018. More interesting news about Ascendas Real Estate Investment Trust (OTCMKTS:ACDSF) were released by: Seekingalpha.com and their article: “SingTel: Reasonable Valuation, High Dividend – Seeking Alpha” published on June 08, 2018 as well as Seekingalpha.com‘s news article titled: “New Asia Pacific Ex-Japan REIT ETF Shines Light On An Important But Under-Indexed Asset Class – Seeking Alpha” with publication date: October 28, 2016.

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