CDL Hospitality Trusts (OTCMKTS:CDHSF – Get Free Report) was the target of a large drop in short interest in June. As of June 30th, there was short interest totaling 627,447 shares, a drop of 37.3% from the June 15th total of 1,000,247 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.
CDL Hospitality Trusts Stock Performance
Shares of CDHSF remained flat at $0.64 during midday trading on Friday. The stock’s 50-day moving average is $0.64 and its two-hundred day moving average is $0.64. CDL Hospitality Trusts has a twelve month low of $0.64 and a twelve month high of $0.67.
About CDL Hospitality Trusts
CDL Hospitality Trusts (OTCMKTS: CDHSF) is a Singapore‐listed stapled trust that owns and operates a diversified portfolio of hospitality properties in Asia Pacific. The trust combines real estate investment trust (REIT) units and stapled security units, providing investors with exposure to income‐generating hotel assets. Its main business activities include acquiring, owning, leasing and managing a mix of upscale and upper‐midscale hotels under established international brands, as well as boutique and lifestyle properties tied to its sponsor, City Developments Limited (CDL).
The trust’s portfolio spans key gateway cities in Singapore and Australia.
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