CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) Sees Significant Increase in Short Interest

Posted by Jessica Moore on Apr 16th, 2024

CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF – Get Free Report) saw a large increase in short interest in March. As of March 31st, there was short interest totalling 3,492,500 shares, an increase of 8.9% from the March 15th total of 3,207,600 shares. Based on an average daily trading volume, of 84,600 shares, the days-to-cover ratio is currently 41.3 days.

CapitaLand Integrated Commercial Trust Stock Performance

Shares of OTCMKTS CPAMF traded up $0.02 during mid-day trading on Tuesday, reaching $1.44. 758 shares of the company’s stock were exchanged, compared to its average volume of 22,536. CapitaLand Integrated Commercial Trust has a 52-week low of $1.24 and a 52-week high of $1.57. The company’s 50-day moving average is $1.44 and its 200-day moving average is $1.41.

CapitaLand Integrated Commercial Trust Company Profile

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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.