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

Mapletree Industrial Trust (OTCMKTS:MAPIF) saw a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 2,035,200 shares, a decrease of 52.8% from the March 15th total of 4,308,300 shares. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is presently 5,088.0 days.

Mapletree Industrial Trust Price Performance

Shares of MAPIF remained flat at $1.41 during trading on Wednesday. The firm’s fifty day simple moving average is $1.52 and its 200 day simple moving average is $1.61. Mapletree Industrial Trust has a 1 year low of $1.39 and a 1 year 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.