Short Interest in CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) Decreases By 17.9%

CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) was the target of a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 769,800 shares, a drop of 17.9% from the February 28th total of 937,700 shares. Based on an average trading volume of 16,600 shares, the short-interest ratio is currently 46.4 days.

CapitaLand Integrated Commercial Trust Price Performance

Shares of CapitaLand Integrated Commercial Trust stock opened at $1.42 on Thursday. The business’s 50 day simple moving average is $1.47 and its 200 day simple moving average is $1.48. CapitaLand Integrated Commercial Trust has a 52-week low of $1.26 and a 52-week high of $1.95.

CapitaLand Integrated Commercial Trust Company Profile

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.