CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) Sees Large Increase in Short Interest

CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) was the recipient of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 3,334,483 shares, a growth of 19.2% from the February 12th total of 2,797,482 shares. Based on an average trading volume of 270 shares, the days-to-cover ratio is presently 12,349.9 days. Based on an average trading volume of 270 shares, the days-to-cover ratio is presently 12,349.9 days.

CapitaLand Integrated Commercial Trust Stock Performance

Shares of CPAMF opened at $1.69 on Tuesday. The company’s fifty day moving average is $1.86 and its 200 day moving average is $1.81. CapitaLand Integrated Commercial Trust has a fifty-two week low of $1.42 and a fifty-two week high of $2.10.

CapitaLand Integrated Commercial Trust Company Profile

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.