Keppel REIT (OTCMKTS:KREVF – Get Free Report) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totaling 3,402,252 shares, a growth of 324.8% from the November 30th total of 800,979 shares. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is presently 8,505.6 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is presently 8,505.6 days.
Keppel REIT Price Performance
OTCMKTS:KREVF opened at $0.61 on Friday. Keppel REIT has a twelve month low of $0.50 and a twelve month high of $0.85. The company’s 50-day moving average price is $0.77 and its 200-day moving average price is $0.75.
About Keppel REIT
Keppel REIT (OTCMKTS:KREVF) is a Singapore-based real estate investment trust sponsored by Keppel Land, a subsidiary of Keppel Corporation. Established in 2006 and listed on the Singapore Exchange, the REIT focuses on investing in premium office properties within the Asia-Pacific region.
The portfolio comprises six Grade A office buildings in Singapore’s Central Business District, including landmark developments such as Marina Bay Financial Centre Tower 1, Maritime Square Tower 2 and Ocean Financial Centre.
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