Short Interest in Mapletree Industrial Trust (OTCMKTS:MAPIF) Declines By 46.3%

Mapletree Industrial Trust (OTCMKTS:MAPIFGet Rating) was the target of a large decrease in short interest in March. As of March 31st, there was short interest totalling 429,800 shares, a decrease of 46.3% from the March 15th total of 800,100 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

OTCMKTS MAPIF remained flat at $$1.99 during trading on Friday. Mapletree Industrial Trust has a fifty-two week low of $1.86 and a fifty-two week high of $2.22. The business’s fifty day moving average is $1.89 and its 200 day moving average is $1.96.

About Mapletree Industrial Trust (Get Rating)

Mapletree Industrial Trust engages in the provision of real estate solutions and investment in industrial properties. It operates through the following segments: Flatted Factories, Hi-Tech Buildings, Business Park Buildings, Stack-Up and Ramp-Up Buildings and Light Industrial Buildings. The company was founded on January 29, 2008 and is headquartered in Singapore.

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