Short Interest in CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) Drops By 31.2%

CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) was the target of a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 2,458,400 shares, a decline of 31.2% from the November 30th total of 3,571,500 shares. Based on an average daily volume of 31,100 shares, the days-to-cover ratio is presently 79.0 days.

CapitaLand Integrated Commercial Trust Stock Performance

Shares of OTCMKTS CPAMF remained flat at $1.35 during midday trading on Monday. The stock’s 50-day moving average price is $1.45 and its two-hundred day moving average price is $1.54. CapitaLand Integrated Commercial Trust has a 12 month low of $1.29 and a 12 month high of $1.95.

About CapitaLand Integrated Commercial Trust

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.