Frasers Logistics & Commercial Trust (OTCMKTS:FRLOF) Short Interest Down 83.2% in April

Frasers Logistics & Commercial Trust (OTCMKTS:FRLOF) was the recipient of a large drop in short interest in April. As of April 30th, there was short interest totaling 1,441,628 shares, a drop of 83.2% from the April 15th total of 8,568,100 shares. Based on an average daily volume of 24 shares, the days-to-cover ratio is presently 60,067.8 days.

Frasers Logistics & Commercial Trust Price Performance

Shares of Frasers Logistics & Commercial Trust stock remained flat at C$0.74 during midday trading on Wednesday. The company has a 50 day moving average of C$0.73 and a 200 day moving average of C$0.74. Frasers Logistics & Commercial Trust has a 12 month low of C$0.61 and a 12 month high of C$0.83.

About Frasers Logistics & Commercial Trust

Frasers Logistics & Commercial Trust (OTCMKTS: FRLOF) is a real estate investment trust that specializes in owning and managing logistics, industrial, and business park properties. Established in December 2016 through a merger of Frasers Logistics & Industrial Trust and Frasers Commercial Trust, the stapled group offers investors exposure to a diversified portfolio of warehousing, distribution, and light industrial assets. The trust’s strategy focuses on long-term leases with multinational tenants operating across key supply chain sectors, providing stable rental income underpinned by strong global trade flows and e-commerce growth.

The trust’s portfolio spans multiple countries, with a significant presence in Australia alongside growing allocations in Europe and Asia.