What’s Next for MAPLETREE INDUSTRIAL (OTCMKTS:MAPIF) After Having More Shares Shorted?

February 15, 2018 - By Hazel Jackson

The stock of MAPLETREE INDUSTRIAL (OTCMKTS:MAPIF) registered an increase of 15.16% in short interest. MAPIF’s total short interest was 363,100 shares in February as published by FINRA. Its up 15.16% from 315,300 shares, reported previously. With 100 shares average volume, it will take short sellers 3631 days to cover their MAPIF’s short positions.

It closed at $1.48 lastly. It is down 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

Mapletree Industrial Trust operates as a real estate investment trust in Singapore. The company has market cap of $2.71 billion. As of August 31, 2010, it holds a portfolio of 70 properties, including business park buildings, flatted factories, stack-up/ramp-up buildings, light industrial buildings, and warehouse. It has a 12.54 P/E ratio.

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