Mapletree Industrial Trust (OTCMKTS:MAPIF) Short Interest Down 50.6% in December

Mapletree Industrial Trust (OTCMKTS:MAPIF) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totalling 8,400 shares, a decrease of 50.6% from the December 15th total of 17,000 shares. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is presently 14.0 days.

Mapletree Industrial Trust Stock Performance

Shares of Mapletree Industrial Trust stock opened at $1.80 on Tuesday. The firm’s 50-day moving average is $1.70 and its two-hundred day moving average is $1.59. Mapletree Industrial Trust has a 1 year low of $1.52 and a 1 year high of $1.88.

About Mapletree Industrial Trust

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.