Mapletree Commercial Trust (OTCMKTS:MPCMF) Sees Large Increase in Short Interest

Mapletree Commercial Trust (OTCMKTS:MPCMF) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 497,000 shares, an increase of 1,920.3% from the August 15th total of 24,600 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

MPCMF opened at $1.48 on Wednesday. The business’s 50-day simple moving average is $1.48 and its 200-day simple moving average is $1.48. Mapletree Commercial Trust has a one year low of $1.45 and a one year high of $1.69.

Mapletree Commercial Trust Company Profile

Mapletree Commercial Trust is a Singapore-focused real estate investment trust (ÂREITÂ) that invests on a long-term basis, directly or indirectly, in a diversified portfolio of income-producing real estate used primarily for office and/or retail purposes, whether wholly or partially, in Singapore, as well as real estate related assets.

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