Frasers Centrepoint Trust (OTCMKTS:FRZCF) Short Interest Update

Frasers Centrepoint Trust (OTCMKTS:FRZCFGet Free Report) saw a large decline in short interest in June. As of June 30th, there was short interest totaling 991,235 shares, a decline of 62.7% from the June 15th total of 2,656,843 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Frasers Centrepoint Trust Stock Performance

Shares of Frasers Centrepoint Trust stock remained flat at $1.73 during mid-day trading on Wednesday. The company’s 50 day simple moving average is $1.73 and its 200-day simple moving average is $1.73. Frasers Centrepoint Trust has a 1 year low of $1.30 and a 1 year high of $1.97.

About Frasers Centrepoint Trust

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Frasers Centrepoint Trust ("FCT") is a leading developer-sponsored retail real estate investment trust ("REIT") and one of the largest suburban retail mall owners in Singapore with assets under management of approximately S$6.9 billion. FCT's property portfolio comprises ten retail malls and an office building located in the suburban regions of Singapore, near homes and within minutes to transportation amenities. The retail portfolio has approximately 2.9 million square feet of net lettable area with over 1,800 leases with a strong focus on providing for necessity spending, food & beverage and essential services.

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