Mapletree Logistics Trust (OTCMKTS:MAPGF) Short Interest Update

Mapletree Logistics Trust (OTCMKTS:MAPGF) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totalling 981,800 shares, an increase of 2,336.2% from the July 15th total of 40,300 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is currently 3,272.7 days.

Mapletree Logistics Trust Stock Performance

OTCMKTS:MAPGF remained flat at $0.96 during trading hours on Monday. Mapletree Logistics Trust has a 12 month low of $0.92 and a 12 month high of $1.34. The firm has a fifty day moving average price of $1.00 and a 200 day moving average price of $1.04.

Mapletree Logistics Trust Company Profile

MLT, the first Asia-focused logistics REIT in Singapore, was listed on the SGX-ST Main Board on 28 July 2005. MLT's principal strategy is to invest in a diversified portfolio of income-producing logistics real estate and real estate-related assets. As at 31 December 2023, it has a portfolio of 187 properties in Singapore, Australia, China, Hong Kong SAR, India, Japan, Malaysia, South Korea and Vietnam with assets under management of S$13.3 billion.