CDL Hospitality Trusts (OTCMKTS:CDHSF) Short Interest Up 44.0% in August

CDL Hospitality Trusts (OTCMKTS:CDHSF) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 462,500 shares, an increase of 44.0% from the August 15th total of 321,100 shares. Based on an average daily trading volume, of 1,400 shares, the days-to-cover ratio is currently 330.4 days.

CDL Hospitality Trusts Price Performance

Shares of CDHSF remained flat at $0.67 during mid-day trading on Friday. The business’s fifty day moving average is $0.68 and its 200-day moving average is $0.77. CDL Hospitality Trusts has a fifty-two week low of $0.67 and a fifty-two week high of $0.67.

About CDL Hospitality Trusts

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.