Mapletree Logistics Trust (OTCMKTS:MAPGF) Short Interest Up 167.1% in August

Mapletree Logistics Trust (OTCMKTS:MAPGF) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 3,907,300 shares, a growth of 167.1% from the August 15th total of 1,463,000 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 39,073.0 days.

Mapletree Logistics Trust Price Performance

Shares of MAPGF stock remained flat at $1.02 on Thursday. Mapletree Logistics Trust has a 52 week low of $0.92 and a 52 week high of $1.34. The company has a 50 day moving average of $1.00 and a two-hundred day moving average of $1.02.

Mapletree Logistics Trust Company Profile

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.