Mapletree Industrial Trust (OTCMKTS:MAPIF) Short Interest Down 39.2% in March

Mapletree Industrial Trust (OTCMKTS:MAPIF) was the recipient of a large decline in short interest in March. As of March 15th, there was short interest totalling 4,308,300 shares, a decline of 39.2% from the February 28th total of 7,084,500 shares. Based on an average daily trading volume, of 5,700 shares, the days-to-cover ratio is currently 755.8 days.

Mapletree Industrial Trust Stock Performance

MAPIF stock remained flat at $1.55 during trading hours on Friday. The business’s fifty day simple moving average is $1.56 and its 200-day simple moving average is $1.61. Mapletree Industrial Trust has a fifty-two week low of $1.49 and a fifty-two week high of $1.83.

Mapletree Industrial Trust Company Profile

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.