Short Interest in Charter Hall Long WALE REIT (OTCMKTS:CHLWF) Decreases By 34.5%

Charter Hall Long WALE REIT (OTCMKTS:CHLWF) was the target of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 61,323 shares, a decrease of 34.5% from the April 15th total of 93,595 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Charter Hall Long WALE REIT Stock Performance

Charter Hall Long WALE REIT stock opened at $1.73 on Tuesday. Charter Hall Long WALE REIT has a 12 month low of $1.73 and a 12 month high of $1.73. The business’s 50 day simple moving average is $1.73 and its 200 day simple moving average is $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.