Short Interest in CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) Expands By 25.9%

CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) was the target of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 5,624,400 shares, an increase of 25.9% from the January 15th total of 4,467,519 shares. Based on an average daily trading volume, of 8,341 shares, the days-to-cover ratio is currently 674.3 days. Based on an average daily trading volume, of 8,341 shares, the days-to-cover ratio is currently 674.3 days.

CapitaLand Integrated Commercial Trust Trading Down 2.5%

OTCMKTS:CPAMF opened at $1.92 on Monday. The stock has a 50-day moving average price of $1.86 and a 200 day moving average price of $1.80. CapitaLand Integrated Commercial Trust has a 12-month low of $1.42 and a 12-month high of $2.10.

CapitaLand Integrated Commercial Trust Company Profile

CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) is a Singapore-based real estate investment trust that owns and manages a diversified portfolio of integrated commercial properties. The trust’s assets comprise retail malls, office towers and mixed-use developments located primarily in Singapore, with select regional holdings that enhance its exposure to key markets in Asia. CICT aims to provide unitholders with stable distributions and long-term growth through active asset management and strategic capital allocation.

CICT was formed in September 2021 through the merger of CapitaLand Mall Trust and CapitaLand Commercial Trust, creating one of Asia’s largest integrated commercial REITs.