Short Interest in Mapletree Logistics Trust (OTCMKTS:MAPGF) Drops By 15.6%

Mapletree Logistics Trust (OTCMKTS:MAPGF) saw a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 2,615,800 shares, a drop of 15.6% from the March 15th total of 3,097,800 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Mapletree Logistics Trust Price Performance

Shares of Mapletree Logistics Trust stock opened at $0.93 on Wednesday. Mapletree Logistics Trust has a 52 week low of $0.82 and a 52 week high of $1.20. The stock has a 50 day moving average price of $0.88 and a two-hundred day moving average price of $0.97.

Mapletree Logistics Trust Company Profile

MLT, the first Asia-focused logistics REIT in Singapore, was listed on the SGX-ST Main Board on 28 July 2005. MLT's principal strategy is to invest in a diversified portfolio of income-producing logistics real estate and real estate-related assets. As at 31 December 2023, it has a portfolio of 187 properties in Singapore, Australia, China, Hong Kong SAR, India, Japan, Malaysia, South Korea and Vietnam with assets under management of S$13.3 billion.