Short Interest in CDL Hospitality Trusts (OTCMKTS:CDHSF) Declines By 82.0%

CDL Hospitality Trusts (OTCMKTS:CDHSF) was the recipient of a significant drop in short interest in June. As of June 30th, there was short interest totalling 16,500 shares, a drop of 82.0% from the June 15th total of 91,800 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

CDL Hospitality Trusts Stock Performance

CDL Hospitality Trusts stock remained flat at $0.67 during trading on Thursday. CDL Hospitality Trusts has a 52 week low of $0.81 and a 52 week high of $0.90. The firm’s 50 day moving average price is $0.81 and its 200 day moving average price is $0.81.

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.