Charter Hall Long WALE REIT (OTCMKTS:CHLWF) Short Interest Down 45.9% in August

Charter Hall Long WALE REIT (OTCMKTS:CHLWF) saw a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 164,179 shares, a decrease of 45.9% from the July 30th total of 303,487 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Charter Hall Long WALE REIT Price Performance

CHLWF stock opened at $1.73 on Tuesday. The firm has a 50 day simple moving average of $1.73 and a 200-day simple moving average of $1.73. Charter Hall Long WALE REIT has a twelve month low of $1.73 and a twelve month 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.