Short Interest in Stockland (OTCMKTS:STKAF) Expands By 67.0%

Stockland (OTCMKTS:STKAF) saw a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 3,630,400 shares, an increase of 67.0% from the November 15th total of 2,173,500 shares. Based on an average daily volume of 19,500 shares, the short-interest ratio is presently 186.2 days.

Stockland Stock Up 3.9 %

STKAF stock traded up $0.12 during trading hours on Friday, hitting $3.22. 76,640 shares of the stock were exchanged, compared to its average volume of 5,690. Stockland has a 12 month low of $2.68 and a 12 month high of $3.86. The company has a 50-day simple moving average of $3.40 and a two-hundred day simple moving average of $3.26.

About Stockland

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.