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

CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) was the recipient of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 3,571,500 shares, an increase of 64.3% from the November 15th total of 2,173,300 shares. Based on an average trading volume of 13,200 shares, the days-to-cover ratio is currently 270.6 days.

CapitaLand Integrated Commercial Trust Trading Up 1.4 %

CPAMF stock traded up $0.02 during mid-day trading on Thursday, hitting $1.45. 11,023 shares of the company were exchanged, compared to its average volume of 14,547. CapitaLand Integrated Commercial Trust has a 1-year low of $1.33 and a 1-year high of $1.95. The business has a 50 day simple moving average of $1.53 and a 200-day simple moving average of $1.55.

About CapitaLand Integrated Commercial Trust

CapitaLand Integrated Commercial Trust (CICT) is the first and largest real estate investment trust (REIT) listed on Singapore Exchange Securities Trading Limited (SGX-ST) with a market capitalisation of S$13.7 billion as at 31 December 2023. It debuted on SGX-ST as CapitaLand Mall Trust in July 2002 and was renamed CICT in November 2020 following the merger with CapitaLand Commercial Trust.