Mapletree Industrial Trust (OTCMKTS:MAPIF) Short Interest Update

Mapletree Industrial Trust (OTCMKTS:MAPIF) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totalling 827,700 shares, a drop of 30.0% from the August 15th total of 1,182,700 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 8,277.0 days.

Mapletree Industrial Trust Stock Performance

Shares of OTCMKTS:MAPIF remained flat at $1.52 during mid-day trading on Friday. The business’s 50 day moving average price is $1.52 and its 200-day moving average price is $1.60. Mapletree Industrial Trust has a 12 month low of $1.50 and a 12 month high of $1.88.

Mapletree Industrial Trust Company Profile

Mapletree Industrial Trust is a real estate investment trust (REIT) listed on the Main Board of Singapore Exchange. Its principal investment strategy is to invest in a diversified portfolio of income-producing real estate used primarily for industrial purposes in Singapore and income-producing real estate used primarily as data centres worldwide beyond Singapore, as well as real estate-related assets.