CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) Sees Significant Increase in Short Interest
by Teresa Graham · The Cerbat GemCapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF – Get Free Report) saw a significant increase in short interest during the month of March. As of March 31st, there was short interest totaling 6,391,335 shares, an increase of 69.4% from the March 15th total of 3,772,514 shares. Based on an average daily volume of 127,069 shares, the short-interest ratio is presently 50.3 days.
CapitaLand Integrated Commercial Trust Stock Performance
Shares of CapitaLand Integrated Commercial Trust stock remained flat at $1.87 on Wednesday. 1,286 shares of the stock were exchanged, compared to its average volume of 9,985. The business has a fifty day moving average price of $1.85 and a 200-day moving average price of $1.82. CapitaLand Integrated Commercial Trust has a twelve month low of $1.56 and a twelve month high of $2.10.
About CapitaLand Integrated Commercial Trust
CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) is a Singapore-based real estate investment trust that owns and manages a diversified portfolio of integrated commercial properties. The trust’s assets comprise retail malls, office towers and mixed-use developments located primarily in Singapore, with select regional holdings that enhance its exposure to key markets in Asia. CICT aims to provide unitholders with stable distributions and long-term growth through active asset management and strategic capital allocation.
CICT was formed in September 2021 through the merger of CapitaLand Mall Trust and CapitaLand Commercial Trust, creating one of Asia’s largest integrated commercial REITs.