Frasers Centrepoint Trust (OTCMKTS:FRZCF – Get Free Report) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 3,605,843 shares, a growth of 103.7% from the September 15th total of 1,770,143 shares. Based on an average daily volume of 564 shares, the days-to-cover ratio is presently 6,393.3 days.
Frasers Centrepoint Trust Price Performance
Shares of FRZCF stock remained flat at $1.68 during trading hours on Wednesday. Frasers Centrepoint Trust has a 52-week low of $1.30 and a 52-week high of $1.97. The company’s 50-day moving average price is $1.72 and its 200 day moving average price is $1.73.
About Frasers Centrepoint Trust
Frasers Centrepoint Trust is a Singapore-listed real estate investment trust focused primarily on owning and managing suburban retail properties. The trust’s portfolio is designed to serve everyday consumer needs and is anchored by supermarkets, food and beverage outlets, essential services, lifestyle retailers and other community-oriented businesses.
Its properties include retail destinations such as Causeway Point, Northpoint City, Waterway Point, Tampines 1, Century Square, Hougang Mall, Tiong Bahru Plaza, White Sands, Changi City Point and NEX.
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