Stockland (OTCMKTS:STKAF) Sees Large Growth in Short Interest

Stockland (OTCMKTS:STKAF) was the recipient of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 1,433,800 shares, an increase of 41.5% from the February 28th total of 1,013,300 shares. Based on an average trading volume of 2,600 shares, the short-interest ratio is currently 551.5 days.

Stockland Stock Up 0.3 %

Shares of OTCMKTS STKAF opened at $3.11 on Friday. The business has a fifty day moving average price of $3.09 and a two-hundred day moving average price of $3.25. Stockland has a fifty-two week low of $2.68 and a fifty-two week high of $3.86.

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.