CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) Sees Large Increase in Short Interest

CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) saw a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 3,334,483 shares, an increase of 19.2% from the February 12th total of 2,797,482 shares. Based on an average daily trading volume, of 270 shares, the short-interest ratio is currently 12,349.9 days. Based on an average daily trading volume, of 270 shares, the short-interest ratio is currently 12,349.9 days.

CapitaLand Integrated Commercial Trust Stock Performance

CapitaLand Integrated Commercial Trust stock opened at $1.69 on Monday. The firm has a 50 day simple moving average of $1.86 and a 200 day simple moving average of $1.82. CapitaLand Integrated Commercial Trust has a 1-year low of $1.42 and a 1-year high of $2.10.

CapitaLand Integrated Commercial Trust Company Profile

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.