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

Mapletree Industrial Trust (OTCMKTS:MAPIF) was the recipient of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 7,222,500 shares, a growth of 45.2% from the January 31st total of 4,973,400 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 72,225.0 days.

Mapletree Industrial Trust Price Performance

MAPIF stock traded down $0.19 during midday trading on Tuesday, hitting $1.49. 6,711 shares of the company’s stock were exchanged, compared to its average volume of 1,301. The firm has a 50 day moving average price of $1.67 and a 200-day moving average price of $1.61. Mapletree Industrial Trust has a 12-month low of $1.49 and a 12-month high of $1.83.

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.