Short Interest in Charter Hall Long WALE REIT (OTCMKTS:CHLWF) Grows By 137.6%

Charter Hall Long WALE REIT (OTCMKTS:CHLWF) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 390,064 shares, an increase of 137.6% from the August 15th total of 164,179 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Charter Hall Long WALE REIT Stock Performance

CHLWF stock opened at $1.73 on Monday. Charter Hall Long WALE REIT has a fifty-two week low of $1.73 and a fifty-two week high of $1.73. The business’s 50 day moving average price is $1.73 and its two-hundred day moving average price is $1.73.

Charter Hall Long WALE REIT Company Profile

Charter Hall Long WALE REIT (OTCMKTS:CHLWF) is an Australia-focused real estate investment trust managed by Charter Hall Group, one of the country’s leading property investment and management firms. The trust is structured to deliver stable and predictable income by investing in a diversified portfolio of commercial assets underpinned by long-term lease agreements. Charter Hall Long WALE REIT is quoted on the OTC Markets as an American Depositary Receipt, providing international investors with exposure to Australian real estate.

The fund’s core strategy centers on acquiring office, industrial, and retail properties with weighted average lease expiries that typically extend beyond seven years.