Short Interest in CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) Drops By 39.9%

CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) saw a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 2,711,879 shares, a decline of 39.9% from the June 15th total of 4,511,715 shares. Based on an average trading volume of 28,032 shares, the short-interest ratio is currently 96.7 days.

CapitaLand Integrated Commercial Trust Price Performance

CPAMF opened at $1.89 on Thursday. CapitaLand Integrated Commercial Trust has a one year low of $1.60 and a one year high of $2.10. The company’s 50 day simple moving average is $1.83 and its 200-day simple moving average is $1.84.

CapitaLand Integrated Commercial Trust Company Profile

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.