CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) Short Interest Up 25.9% in January

CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) saw a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 5,624,400 shares, a growth of 25.9% from the January 15th total of 4,467,519 shares. Based on an average daily volume of 8,341 shares, the days-to-cover ratio is currently 674.3 days. Based on an average daily volume of 8,341 shares, the days-to-cover ratio is currently 674.3 days.

CapitaLand Integrated Commercial Trust Trading Down 2.5%

Shares of CPAMF opened at $1.92 on Wednesday. CapitaLand Integrated Commercial Trust has a 52 week low of $1.42 and a 52 week high of $2.10. The firm’s 50-day simple moving average is $1.86 and its 200 day simple moving average is $1.81.

About CapitaLand Integrated Commercial Trust

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.