Charter Hall Group (OTCMKTS:CTOUF) Sees Large Decline in Short Interest

Charter Hall Group (OTCMKTS:CTOUF) was the target of a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 571,600 shares, a drop of 14.5% from the January 31st total of 668,900 shares. Based on an average trading volume of 400 shares, the short-interest ratio is currently 1,429.0 days.

Charter Hall Group Stock Performance

Shares of OTCMKTS:CTOUF opened at $9.95 on Wednesday. Charter Hall Group has a 12 month low of $7.09 and a 12 month high of $10.93. The company’s fifty day simple moving average is $9.50 and its 200 day simple moving average is $9.66.

About Charter Hall Group

Charter Hall is one of Australia’s leading fully integrated property investment and funds management groups. We use our expertise to access, deploy, manage and invest equity to create value and generate superior returns for our investor customers. We’ve curated a diverse portfolio of high-quality properties across our core sectors Office, Industrial & Logistics, Retail and Social Infrastructure.