Short Interest in Frasers Logistics & Commercial Trust (OTCMKTS:FRLOF) Expands By 251.9%

Frasers Logistics & Commercial Trust (OTCMKTS:FRLOFGet Free Report) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 7,821,400 shares, an increase of 251.9% from the September 30th total of 2,222,400 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 78,214.0 days.

Frasers Logistics & Commercial Trust Stock Performance

Frasers Logistics & Commercial Trust stock remained flat at C$0.85 during trading hours on Friday. Frasers Logistics & Commercial Trust has a 1-year low of C$0.71 and a 1-year high of C$0.90. The firm’s fifty day moving average price is C$0.83 and its 200-day moving average price is C$0.77.

About Frasers Logistics & Commercial Trust

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Frasers Logistics & Commercial Trust ("FLCT") is a Singapore-listed real estate investment trust with a portfolio comprising 107 industrial and commercial properties, worth approximately S$6.4 billion, diversified across five major developed markets – Australia, Germany, Singapore, the United Kingdom and the Netherlands.

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