Short Interest in Frasers Logistics & Commercial Trust (OTCMKTS:FRLOF) Increases By 453.0%

Frasers Logistics & Commercial Trust (OTCMKTS:FRLOF) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 2,743,200 shares, a growth of 453.0% from the March 31st total of 496,100 shares. Based on an average daily volume of 4,000 shares, the days-to-cover ratio is currently 685.8 days.

Frasers Logistics & Commercial Trust Stock Performance

Shares of FRLOF traded up C$0.01 during trading hours on Thursday, hitting C$0.76. The stock had a trading volume of 100 shares, compared to its average volume of 5,950. The firm has a 50-day moving average price of C$0.83 and a 200 day moving average price of C$0.83. Frasers Logistics & Commercial Trust has a fifty-two week low of C$0.75 and a fifty-two week high of C$1.01.

About Frasers Logistics & Commercial Trust

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.