Charter Hall Long WALE REIT (OTCMKTS:CHLWF) Short Interest Update

Charter Hall Long WALE REIT (OTCMKTS:CHLWF) was the recipient of a large decrease in short interest in 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 trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Charter Hall Long WALE REIT Price Performance

OTCMKTS:CHLWF remained flat at $1.73 on Friday. Charter Hall Long WALE REIT has a 1 year low of $1.73 and a 1 year high of $1.73. The firm’s fifty day moving average is $1.73 and its 200-day 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.