Short Interest in Mapletree Pan Asia Commercial Trust (OTCMKTS:MPCMF) Decreases By 24.7%

Mapletree Pan Asia Commercial Trust (OTCMKTS:MPCMF) was the target of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 2,391,900 shares, a drop of 24.7% from the February 29th total of 3,175,300 shares. Based on an average daily volume of 3,600 shares, the short-interest ratio is presently 664.4 days.

Mapletree Pan Asia Commercial Trust Stock Performance

Shares of MPCMF opened at $0.98 on Friday. The business has a 50-day moving average of $0.98 and a 200-day moving average of $1.03. Mapletree Pan Asia Commercial Trust has a 1 year low of $0.80 and a 1 year high of $1.69.

Mapletree Pan Asia Commercial Trust Company Profile

Mapletree Pan Asia Commercial Trust (MPACT) is a real estate investment trust (REIT) positioned to be the proxy to key gateway markets of Asia. Listed on the Singapore Exchange Securities Limited on 27 April 2011, it made its public market debut as Mapletree Commercial Trust and was subsequently renamed MPACT on 3 August 2022 following the merger with Mapletree North Asia Commercial Trust.