Frasers Centrepoint Trust (OTCMKTS:FRZCF) Short Interest Up 3,913.4% in August

Frasers Centrepoint Trust (OTCMKTS:FRZCFGet Free Report) was the target of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 1,470,643 shares, an increase of 3,913.4% from the July 30th total of 36,643 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Frasers Centrepoint Trust Price Performance

Shares of OTCMKTS FRZCF remained flat at $1.73 during midday trading on Tuesday. Frasers Centrepoint Trust has a twelve month low of $1.30 and a twelve month high of $1.97. The firm has a 50-day moving average of $1.73 and a 200-day moving average of $1.73.

About Frasers Centrepoint Trust

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Frasers Centrepoint Trust ("FCT") is a leading developer-sponsored retail real estate investment trust ("REIT") and one of the largest suburban retail mall owners in Singapore with assets under management of approximately S$6.9 billion. FCT's property portfolio comprises ten retail malls and an office building located in the suburban regions of Singapore, near homes and within minutes to transportation amenities. The retail portfolio has approximately 2.9 million square feet of net lettable area with over 1,800 leases with a strong focus on providing for necessity spending, food & beverage and essential services.

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