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

Stockland (OTCMKTS:STKAF) saw a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 3,630,400 shares, a growth of 67.0% from the November 15th total of 2,173,500 shares. Based on an average daily trading volume, of 19,500 shares, the short-interest ratio is presently 186.2 days.

Stockland Trading Up 3.9 %

Shares of STKAF opened at $3.22 on Friday. Stockland has a 1-year low of $2.68 and a 1-year high of $3.86. The firm has a fifty day simple moving average of $3.40 and a two-hundred day simple moving average of $3.26.

Stockland Company Profile

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.