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

CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 4,119,139 shares, an increase of 584.1% from the November 30th total of 602,087 shares. Based on an average daily volume of 2,632 shares, the days-to-cover ratio is presently 1,565.0 days. Based on an average daily volume of 2,632 shares, the days-to-cover ratio is presently 1,565.0 days.

CapitaLand Integrated Commercial Trust Trading Up 0.5%

OTCMKTS:CPAMF opened at $1.84 on Friday. CapitaLand Integrated Commercial Trust has a 1 year low of $1.26 and a 1 year high of $2.10. The firm’s fifty day simple moving average is $1.79 and its 200 day simple moving average is $1.76.

About CapitaLand Integrated Commercial Trust

CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) is a Singapore-based real estate investment trust that owns and manages a diversified portfolio of integrated commercial properties. The trust’s assets comprise retail malls, office towers and mixed-use developments located primarily in Singapore, with select regional holdings that enhance its exposure to key markets in Asia. CICT aims to provide unitholders with stable distributions and long-term growth through active asset management and strategic capital allocation.

CICT was formed in September 2021 through the merger of CapitaLand Mall Trust and CapitaLand Commercial Trust, creating one of Asia’s largest integrated commercial REITs.