Short Interest in Frasers Centrepoint Trust (OTCMKTS:FRZCF) Rises By 3,913.4%

Frasers Centrepoint Trust (OTCMKTS:FRZCF – Get Free Report) was the recipient of a large increase in short interest in August. As of August 14th, there was short interest totaling 1,470,643 shares, an increase of 3,913.4% from the July 30th total of 36,643 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Frasers Centrepoint Trust Price Performance

OTCMKTS FRZCF opened at $1.73 on Wednesday. Frasers Centrepoint Trust has a 52 week low of $1.30 and a 52 week high of $1.97. The stock has a fifty day moving average of $1.73 and a 200-day moving average of $1.73.

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Frasers Centrepoint Trust Company Profile

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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.

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