Short Interest in Frasers Centrepoint Trust (OTCMKTS:FRZCF) Grows By 3,913.4%

Frasers Centrepoint Trust (OTCMKTS:FRZCF) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 1,470,643 shares, a growth of 3,913.4% from the July 30th total of 36,643 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Frasers Centrepoint Trust Price Performance

OTCMKTS FRZCF remained flat at $1.73 during mid-day trading on Tuesday. Frasers Centrepoint Trust has a one year low of $1.30 and a one year high of $1.97. The business’s 50 day moving average price is $1.73 and its 200-day moving average price is $1.73.

About Frasers Centrepoint Trust

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.