CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) Sees Large Decrease in Short Interest

CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) was the recipient of a significant decline in short interest in February. As of February 28th, there was short interest totalling 937,700 shares, a decline of 57.9% from the February 13th total of 2,224,800 shares. Based on an average daily volume of 16,500 shares, the days-to-cover ratio is currently 56.8 days.

CapitaLand Integrated Commercial Trust Price Performance

OTCMKTS CPAMF opened at $1.50 on Thursday. CapitaLand Integrated Commercial Trust has a fifty-two week low of $1.26 and a fifty-two week high of $1.95. The stock’s fifty day moving average is $1.43 and its two-hundred day moving average is $1.50.

About CapitaLand Integrated Commercial Trust

CapitaLand Integrated Commercial Trust (CICT) is the first and largest real estate investment trust (REIT) listed on Singapore Exchange Securities Trading Limited (SGX-ST) with a market capitalisation of S$13.7 billion as at 31 December 2023. It debuted on SGX-ST as CapitaLand Mall Trust in July 2002 and was renamed CICT in November 2020 following the merger with CapitaLand Commercial Trust.