Frasers Centrepoint Trust (OTCMKTS:FRZCF – Get Free Report) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 3,605,843 shares, a growth of 103.7% from the September 15th total of 1,770,143 shares. Based on an average daily volume of 564 shares, the short-interest ratio is currently 6,393.3 days.
Frasers Centrepoint Trust Stock Performance
Shares of FRZCF stock remained flat at $1.68 on Thursday. Frasers Centrepoint Trust has a 1-year low of $1.30 and a 1-year high of $1.97. The business’s 50 day moving average price is $1.72 and its two-hundred day moving average price is $1.73.
About Frasers Centrepoint Trust
Frasers Centrepoint Trust (OTCMKTS:FRZCF) is a Singapore-focused real estate investment trust (REIT) that owns and manages income-producing retail properties. Its portfolio is concentrated primarily in suburban shopping malls that serve residential communities and provide everyday goods, services, dining and entertainment.
The trust’s properties have included established Singapore retail destinations such as Causeway Point, Northpoint City North Wing, Waterway Point, Tampines 1, Century Square, Changi City Point and Hougang Mall.
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