Mapletree Industrial Trust (OTCMKTS:MAPIF) Sees Large Decrease in Short Interest

Mapletree Industrial Trust (OTCMKTS:MAPIFGet Free Report) saw a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 8,400 shares, a decrease of 50.6% from the December 15th total of 17,000 shares. Based on an average trading volume of 600 shares, the short-interest ratio is presently 14.0 days.

Mapletree Industrial Trust Price Performance

OTCMKTS MAPIF opened at $1.80 on Tuesday. The firm’s fifty day simple moving average is $1.70 and its two-hundred day simple moving average is $1.59. Mapletree Industrial Trust has a 12-month low of $1.52 and a 12-month high of $1.88.

Mapletree Industrial Trust Company Profile

(Get Free Report)

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.

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