Mapletree Pan Asia Commercial Trust (OTCMKTS:MPCMF) Sees Significant Drop in Short Interest

Mapletree Pan Asia Commercial Trust (OTCMKTS:MPCMF) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 8,286,500 shares, a decrease of 23.3% from the December 15th total of 10,807,300 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Mapletree Pan Asia Commercial Trust Price Performance

OTCMKTS MPCMF remained flat at $0.91 during trading on Friday. Mapletree Pan Asia Commercial Trust has a 52-week low of $0.89 and a 52-week high of $1.11. The company has a fifty day moving average price of $0.95 and a two-hundred day moving average price of $0.95.

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.