Short Interest in CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) Decreases By 78.5%

CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) was the target of a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 769,700 shares, a drop of 78.5% from the December 31st total of 3,588,200 shares. Based on an average trading volume of 23,100 shares, the days-to-cover ratio is presently 33.3 days.

CapitaLand Integrated Commercial Trust Stock Performance

Shares of OTCMKTS CPAMF remained flat at $1.45 during midday trading on Thursday. CapitaLand Integrated Commercial Trust has a 52 week low of $1.26 and a 52 week high of $1.95. The business has a 50-day moving average of $1.38 and a two-hundred day moving average of $1.52.

CapitaLand Integrated Commercial Trust Company Profile

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.