Short Interest in Mapletree Industrial Trust (OTCMKTS:MAPIF) Declines By 18.2%

Mapletree Industrial Trust (OTCMKTS:MAPIF) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totalling 677,400 shares, a decrease of 18.2% from the August 31st total of 827,700 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 6,774.0 days.

Mapletree Industrial Trust Price Performance

Shares of OTCMKTS:MAPIF remained flat at $1.55 during mid-day trading on Friday. Mapletree Industrial Trust has a one year low of $1.50 and a one year high of $1.88. The firm’s 50 day moving average is $1.53 and its 200 day moving average is $1.58.

About Mapletree Industrial Trust

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.