Does ESR REIT UNIT (OTCMKTS:CGIUF) Have Gas After Even Less Sellers Involved?

May 19, 2018 - By Marguerite Chambers

The stock of ESR REIT UNIT (OTCMKTS:CGIUF) registered a decrease of 97.25% in short interest. CGIUF’s total short interest was 500 shares in May as published by FINRA. Its down 97.25% from 18,200 shares, reported previously. With 3,100 shares average volume, it will take short sellers 0 days to cover their CGIUF’s short positions.

It closed at $0.42 lastly. It is down 0.00% since May 19, 2017 and is . It has underperformed by 11.55% the S&P500.

ESR-REIT has been listed on the Singapore Exchange Securities Trading Limited since 25 July 2006. The company has market cap of $629.94 million. ESR-REIT invests in quality income-producing industrial properties and as at 31 December 2017 has a diversified portfolio of 48 properties located across Singapore, with a total gross floor area of approximately 9.9 million sq ft and a property value of S$1.68 billion2. It currently has negative earnings.

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