Frasers Centrepoint Trust (OTCMKTS:FRZCF) Sees Significant Decrease in Short Interest

Frasers Centrepoint Trust (OTCMKTS:FRZCF) was the recipient of a significant decrease in short interest in July. As of July 15th, there was short interest totaling 36,643 shares, a decrease of 96.3% from the June 30th total of 991,235 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Frasers Centrepoint Trust Price Performance

Shares of FRZCF stock remained flat at $1.73 on Friday. Frasers Centrepoint Trust has a fifty-two week low of $1.30 and a fifty-two week high of $1.97. The firm’s 50-day moving average is $1.73 and its 200-day moving average is $1.73.

About Frasers Centrepoint Trust

Frasers Centrepoint Trust ("FCT") is a leading developer-sponsored retail real estate investment trust ("REIT") and one of the largest suburban retail mall owners in Singapore with assets under management of approximately S$6.9 billion. FCT's property portfolio comprises ten retail malls and an office building located in the suburban regions of Singapore, near homes and within minutes to transportation amenities. The retail portfolio has approximately 2.9 million square feet of net lettable area with over 1,800 leases with a strong focus on providing for necessity spending, food & beverage and essential services.