Short Interest in Charter Hall Long WALE REIT (OTCMKTS:CHLWF) Expands By 229.9%

Charter Hall Long WALE REIT (OTCMKTS:CHLWF) saw a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 202,286 shares, an increase of 229.9% from the April 30th total of 61,323 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ? days.

Charter Hall Long WALE REIT Stock Performance

OTCMKTS CHLWF remained flat at $1.73 during mid-day trading on Friday. The business has a 50 day simple moving average of $1.73 and a two-hundred day simple moving average of $1.73. Charter Hall Long WALE REIT has a fifty-two week low of $1.73 and a fifty-two week high of $1.73.

About Charter Hall Long WALE REIT

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.