Mapletree Industrial Trust (OTCMKTS:MAPIF) Sees Significant Decline in Short Interest

Mapletree Industrial Trust (OTCMKTS:MAPIF) saw a significant decrease in short interest in March. As of March 15th, there was short interest totalling 4,308,300 shares, a decrease of 39.2% from the February 28th total of 7,084,500 shares. Based on an average daily volume of 5,700 shares, the days-to-cover ratio is presently 755.8 days.

Mapletree Industrial Trust Stock Performance

OTCMKTS MAPIF remained flat at $1.55 during trading on Monday. Mapletree Industrial Trust has a 1 year low of $1.49 and a 1 year high of $1.83. The company has a fifty day moving average price of $1.56 and a two-hundred day moving average price of $1.61.

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.