Mapletree Logistics Trust (OTCMKTS:MAPGF) Short Interest Down 14.4% in February

Mapletree Logistics Trust (OTCMKTS:MAPGF) was the recipient of a large drop in short interest during the month of February. As of February 27th, there was short interest totaling 4,929,506 shares, a drop of 14.4% from the February 12th total of 5,761,316 shares. Based on an average daily volume of 5,616 shares, the days-to-cover ratio is currently 877.8 days. Based on an average daily volume of 5,616 shares, the days-to-cover ratio is currently 877.8 days.

Mapletree Logistics Trust Price Performance

OTCMKTS:MAPGF opened at $0.96 on Wednesday. Mapletree Logistics Trust has a twelve month low of $0.79 and a twelve month high of $1.16. The company’s 50 day moving average is $1.00 and its two-hundred day moving average is $1.01.

About Mapletree Logistics Trust

Mapletree Logistics Trust (OTCMKTS:MAPGF) is a Singapore‐listed real estate investment trust specializing in high‐quality logistics and distribution assets. It is externally managed by Mapletree Logistics Trust Management Ltd, a wholly owned subsidiary of Mapletree Investments Pte Ltd, and invests primarily in freestanding warehouses, multi‐user logistics facilities and distribution centres leased to third‐party logistics providers, e‐commerce companies and multinational distributors.

Since its initial public listing in April 2017, the trust has assembled a portfolio of strategically located properties across key Asia‐Pacific markets, including Singapore, China, Japan, Australia, Hong Kong, South Korea, Malaysia and Vietnam.