ESR Group Limited (OTCMKTS:ESRCF) Sees Significant Drop in Short Interest

ESR Group Limited (OTCMKTS:ESRCF) saw a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 7,816,000 shares, a decline of 6.7% from the December 15th total of 8,374,200 shares. Based on an average daily trading volume, of 900 shares, the short-interest ratio is currently 8,684.4 days.

ESR Group Price Performance

Shares of OTCMKTS ESRCF remained flat at $8.14 during mid-day trading on Friday. ESR Group has a fifty-two week low of $0.99 and a fifty-two week high of $1.90. The business has a 50 day moving average price of $7.13 and a 200 day moving average price of $7.36.

About ESR Group

ESR Group Limited, together with its subsidiaries, engages in the logistics real estate development, leasing, and management activities in Hong Kong, China, Japan, South Korea, Australia, New Zealand, Southeast Asia, India, Europe, and internationally. The company operates through three segments: Investment, Fund Management, and New Economy Development.