CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) Sees Large Growth in Short Interest

Posted by Matthew Steigler on Sep 14th, 2024

CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF – Get Free Report) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totalling 5,230,200 shares, an increase of 933.4% from the August 15th total of 506,100 shares. Based on an average trading volume of 4,600 shares, the short-interest ratio is presently 1,137.0 days.

CapitaLand Integrated Commercial Trust Stock Performance

Shares of CapitaLand Integrated Commercial Trust stock opened at $1.65 on Friday. CapitaLand Integrated Commercial Trust has a 52-week low of $1.24 and a 52-week high of $1.95. The company has a 50 day moving average of $1.59 and a 200 day moving average of $1.50.

CapitaLand Integrated Commercial Trust Company Profile

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CapitaLand Integrated Commercial Trust (CICT) is the first and largest real estate investment trust (REIT) listed on Singapore Exchange Securities Trading Limited (SGX-ST) with a market capitalisation of S$13.7 billion as at 31 December 2023. It debuted on SGX-ST as CapitaLand Mall Trust in July 2002 and was renamed CICT in November 2020 following the merger with CapitaLand Commercial Trust.