Short Interest in CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) Drops By 39.9%

CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) saw a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 2,711,879 shares, a decrease of 39.9% from the June 15th total of 4,511,715 shares. Based on an average daily trading volume, of 28,032 shares, the days-to-cover ratio is presently 96.7 days.

CapitaLand Integrated Commercial Trust Price Performance

Shares of CPAMF stock opened at $1.89 on Friday. CapitaLand Integrated Commercial Trust has a 1-year low of $1.60 and a 1-year high of $2.10. The company has a 50-day moving average of $1.83 and a two-hundred day moving average of $1.84.

About CapitaLand Integrated Commercial Trust

CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) is a Singapore-based real estate investment trust that owns and manages a diversified portfolio of integrated commercial properties. The trust’s assets comprise retail malls, office towers and mixed-use developments located primarily in Singapore, with select regional holdings that enhance its exposure to key markets in Asia. CICT aims to provide unitholders with stable distributions and long-term growth through active asset management and strategic capital allocation.

CICT was formed in September 2021 through the merger of CapitaLand Mall Trust and CapitaLand Commercial Trust, creating one of Asia’s largest integrated commercial REITs.