Charter Hall Long WALE REIT (OTCMKTS:CHLWF) Sees Significant Decline in Short Interest

Charter Hall Long WALE REIT (OTCMKTS:CHLWF) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totalling 796,600 shares, a drop of 19.3% from the August 15th total of 987,000 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Charter Hall Long WALE REIT Stock Performance

Shares of CHLWF remained flat at $1.73 during midday trading on Tuesday. Charter Hall Long WALE REIT has a 52-week low of $1.73 and a 52-week high of $1.73. The company’s 50-day simple moving average is $1.73 and its 200-day simple moving average is $2.29.

Charter Hall Long WALE REIT Company Profile

Charter Hall Long WALE REIT is an Australian Real Estate Investment Trust (REIT) listed on the ASX and investing in high quality Australasian real estate assets that are predominantly leased to corporate and government tenants on long term leases. Charter Hall Long WALE REIT is managed by Charter Hall Group (ASX: CHC).