Short Interest in Mapletree Logistics Trust (OTCMKTS:MAPGF) Decreases By 18.9%

Mapletree Logistics Trust (OTCMKTS:MAPGF) was the recipient of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 3,090,200 shares, a decline of 18.9% from the January 31st total of 3,812,000 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 30,902.0 days.

Mapletree Logistics Trust Stock Performance

Shares of OTCMKTS MAPGF remained flat at $0.87 during mid-day trading on Tuesday. 1 shares of the stock were exchanged, compared to its average volume of 6,245. Mapletree Logistics Trust has a 12-month low of $0.87 and a 12-month high of $1.20. The stock’s 50 day moving average price is $0.95 and its 200-day moving average price is $1.02.

About Mapletree Logistics Trust

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.