Short Interest in Mapletree Industrial Trust (OTCMKTS:MAPIF) Grows By 62.7%

Mapletree Industrial Trust (OTCMKTS:MAPIF) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totalling 577,400 shares, a growth of 62.7% from the August 15th total of 354,900 shares. Based on an average daily volume of 500 shares, the short-interest ratio is currently 1,154.8 days.

Mapletree Industrial Trust stock remained flat at $$2.14 on Friday. 175 shares of the company’s stock were exchanged, compared to its average volume of 3,600. The company’s fifty day moving average is $2.15 and its two-hundred day moving average is $2.07. Mapletree Industrial Trust has a 52-week low of $1.95 and a 52-week high of $2.47.

About Mapletree Industrial Trust

Mapletree Industrial Trust engages in the provision of real estate solutions and investment in industrial properties. It operates through the following segments: Flatted Factories, Hi-Tech Buildings, Business Park Buildings, Stack-Up and Ramp-Up Buildings and Light Industrial Buildings. The company was founded on January 29, 2008 and is headquartered in Singapore.

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