Short Interest in CDL Hospitality Trusts (OTCMKTS:CDHSF) Declines By 37.3%

CDL Hospitality Trusts (OTCMKTS:CDHSF) was the recipient of a significant decline in short interest in June. As of June 30th, there was short interest totaling 627,447 shares, a decline of 37.3% from the June 15th total of 1,000,247 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ? days.

CDL Hospitality Trusts Stock Performance

Shares of OTCMKTS:CDHSF opened at $0.64 on Friday. The firm has a fifty day moving average price of $0.64 and a 200 day moving average price of $0.64. CDL Hospitality Trusts has a fifty-two week low of $0.64 and a fifty-two week high of $0.67.

About CDL Hospitality Trusts

CDL Hospitality Trusts (OTCMKTS: CDHSF) is a Singapore?listed stapled trust that owns and operates a diversified portfolio of hospitality properties in Asia Pacific. The trust combines real estate investment trust (REIT) units and stapled security units, providing investors with exposure to income?generating hotel assets. Its main business activities include acquiring, owning, leasing and managing a mix of upscale and upper?midscale hotels under established international brands, as well as boutique and lifestyle properties tied to its sponsor, City Developments Limited (CDL).

The trust’s portfolio spans key gateway cities in Singapore and Australia.