Stockland (OTCMKTS:STKAF) Short Interest Update

Stockland (OTCMKTS:STKAF) was the target of a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 1,421,500 shares, a drop of 61.3% from the January 15th total of 3,673,000 shares. Based on an average daily volume of 8,800 shares, the days-to-cover ratio is presently 161.5 days.

Stockland Stock Performance

OTCMKTS:STKAF opened at $2.97 on Friday. Stockland has a twelve month low of $2.68 and a twelve month high of $3.86. The stock has a fifty day simple moving average of $3.09 and a 200-day simple moving average of $3.29.

Stockland Company Profile

We are a leading creator and curator of connected communities with people at the heart of the places we create. For more than 70 years, we have built a proud legacy, helping more Australians achieve the dream of home ownership, and enabling the future of work and retail. Today, we continue to build on our history as one of Australia's largest diversified property groups to elevate the social value of our places, and create a tangible sense of human connection, belonging and community for our customers.