Mapletree Logistics Trust (OTCMKTS:MAPGF) Sees Large Decrease in Short Interest

Mapletree Logistics Trust (OTCMKTS:MAPGF) was the target of a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 5,761,316 shares, a drop of 23.7% from the January 29th total of 7,551,819 shares. Based on an average daily trading volume, of 522 shares, the short-interest ratio is presently 11,037.0 days. Based on an average daily trading volume, of 522 shares, the short-interest ratio is presently 11,037.0 days.

Mapletree Logistics Trust Price Performance

Shares of OTCMKTS:MAPGF opened at $0.95 on Wednesday. Mapletree Logistics Trust has a 52-week low of $0.79 and a 52-week high of $1.16. The stock has a 50 day moving average price of $1.02 and a 200-day moving average price of $1.01.

Mapletree Logistics Trust Company Profile

Mapletree Logistics Trust (OTCMKTS:MAPGF) is a Singapore‐listed real estate investment trust specializing in high‐quality logistics and distribution assets. It is externally managed by Mapletree Logistics Trust Management Ltd, a wholly owned subsidiary of Mapletree Investments Pte Ltd, and invests primarily in freestanding warehouses, multi‐user logistics facilities and distribution centres leased to third‐party logistics providers, e‐commerce companies and multinational distributors.

Since its initial public listing in April 2017, the trust has assembled a portfolio of strategically located properties across key Asia‐Pacific markets, including Singapore, China, Japan, Australia, Hong Kong, South Korea, Malaysia and Vietnam.