Mapletree Pan Asia Commercial Trust (OTCMKTS:MPCMF) Short Interest Down 33.8% in February

Mapletree Pan Asia Commercial Trust (OTCMKTS:MPCMF) was the recipient of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 5,834,300 shares, a drop of 33.8% from the January 31st total of 8,819,300 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 58,343.0 days.

Mapletree Pan Asia Commercial Trust Stock Performance

Shares of MPCMF remained flat at $0.89 during midday trading on Tuesday. The firm’s fifty day simple moving average is $0.90 and its 200 day simple moving average is $0.94. Mapletree Pan Asia Commercial Trust has a 1 year low of $0.86 and a 1 year high of $1.11.

Mapletree Pan Asia Commercial Trust Company Profile

Mapletree Pan Asia Commercial Trust (MPACT) is a real estate investment trust (REIT) positioned to be the proxy to key gateway markets of Asia. Listed on the Singapore Exchange Securities Limited on 27 April 2011, it made its public market debut as Mapletree Commercial Trust and was subsequently renamed MPACT on 3 August 2022 following the merger with Mapletree North Asia Commercial Trust.