Frasers Centrepoint Trust (OTCMKTS:FRZCF) Sees Significant Drop in Short Interest

Frasers Centrepoint Trust (OTCMKTS:FRZCF) was the recipient of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 36,643 shares, a decrease of 96.3% from the June 30th total of 991,235 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Frasers Centrepoint Trust Stock Performance

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