Short Interest in CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) Grows By 39.8%

CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 2,081,800 shares, an increase of 39.8% from the September 30th total of 1,488,700 shares. Based on an average daily volume of 16,800 shares, the days-to-cover ratio is currently 123.9 days.

CapitaLand Integrated Commercial Trust Price Performance

Shares of CapitaLand Integrated Commercial Trust stock remained flat at $1.56 during trading on Tuesday. CapitaLand Integrated Commercial Trust has a 1 year low of $1.24 and a 1 year high of $1.95. The company’s 50-day simple moving average is $1.64 and its 200 day simple moving average is $1.54.

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.