Short Interest in CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) Grows By 46.0%

CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 3,588,200 shares, an increase of 46.0% from the December 15th total of 2,458,400 shares. Based on an average trading volume of 40,000 shares, the days-to-cover ratio is presently 89.7 days.

CapitaLand Integrated Commercial Trust Stock Up 7.2 %

Shares of CPAMF traded up $0.10 during trading hours on Friday, reaching $1.49. 2,257 shares of the company traded hands, compared to its average volume of 3,319. The stock’s fifty day moving average price is $1.37 and its 200 day moving average price is $1.52. CapitaLand Integrated Commercial Trust has a 12-month low of $1.26 and a 12-month high of $1.95.

About CapitaLand Integrated Commercial Trust

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.