Mapletree Logistics Trust (OTCMKTS:MAPGF) Short Interest Down 96.2% in June

Mapletree Logistics Trust (OTCMKTS:MAPGF) saw a significant decline in short interest in June. As of June 15th, there was short interest totalling 271,500 shares, a decline of 96.2% from the May 31st total of 7,100,300 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is currently 678.8 days.

Mapletree Logistics Trust Stock Performance

Shares of Mapletree Logistics Trust stock remained flat at $1.00 during midday trading on Thursday. The company’s 50 day moving average is $1.00 and its 200 day moving average is $1.10. Mapletree Logistics Trust has a 12 month low of $0.95 and a 12 month high of $1.34.

About Mapletree Logistics Trust

MLT, the first Asia-focused logistics REIT in Singapore, was listed on the SGX-ST Main Board on 28 July 2005. MLT's principal strategy is to invest in a diversified portfolio of income-producing logistics real estate and real estate-related assets. As at 31 December 2023, it has a portfolio of 187 properties in Singapore, Australia, China, Hong Kong SAR, India, Japan, Malaysia, South Korea and Vietnam with assets under management of S$13.3 billion.