Frasers Centrepoint Trust (OTCMKTS:FRZCF) Short Interest Down 62.7% in June

Frasers Centrepoint Trust (OTCMKTS:FRZCF) was the target of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 991,235 shares, a decline of 62.7% from the June 15th total of 2,656,843 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Frasers Centrepoint Trust Price Performance

OTCMKTS FRZCF opened at $1.73 on Monday. The business has a 50 day simple moving average of $1.73 and a 200 day simple moving average of $1.73. Frasers Centrepoint Trust has a 52-week low of $1.30 and a 52-week high of $1.97.

Frasers Centrepoint Trust Company Profile

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.