Ayala Land, Inc. (OTCMKTS:AYAAF) Sees Large Decline in Short Interest

Ayala Land, Inc. (OTCMKTS:AYAAF) was the recipient of a large drop in short interest in April. As of April 15th, there was short interest totalling 900 shares, a drop of 52.6% from the March 31st total of 1,900 shares. Based on an average daily volume of 1,800 shares, the days-to-cover ratio is presently 0.5 days.

Ayala Land Stock Performance

Ayala Land stock remained flat at $0.50 during midday trading on Friday. The firm’s 50 day moving average price is $0.60 and its 200 day moving average price is $0.56. Ayala Land has a 1 year low of $0.40 and a 1 year high of $0.68.

About Ayala Land

Ayala Land, Inc operates as a property developer in the Philippines. It operates through Property Developments, International, Shopping Centers, Offices, Hotels and Resorts, Construction, and Property Management and Others segments. The company sells high-end and upper middle-income residential lots and units, affordable housing units and lots, and economic housing and leisure community developments; leases residential developments under joint venture; acquires, develops, and sells large-scale, mixed-use, and master-planned communities; and sells override units.