Mapletree Industrial Trust (OTCMKTS:MAPIF) Sees Significant Decline in Short Interest

Mapletree Industrial Trust (OTCMKTS:MAPIF) was the target of a large decrease in short interest in November. As of November 15th, there was short interest totalling 12,700 shares, a decrease of 97.7% from the October 31st total of 546,600 shares. Based on an average daily volume of 500 shares, the short-interest ratio is presently 25.4 days.

Mapletree Industrial Trust Price Performance

Mapletree Industrial Trust stock opened at $1.65 on Thursday. Mapletree Industrial Trust has a 52 week low of $1.52 and a 52 week high of $1.88. The company’s 50 day moving average price is $1.56 and its two-hundred day moving average price is $1.54.

About Mapletree Industrial Trust

Mapletree Industrial Trust is a real estate investment trust (REIT) listed on the Main Board of Singapore Exchange. Its principal investment strategy is to invest in a diversified portfolio of income-producing real estate used primarily for industrial purposes in Singapore and income-producing real estate used primarily as data centres worldwide beyond Singapore, as well as real estate-related assets.