Keppel DC REIT (OTCMKTS:KPDCF – Get Free Report) saw a large increase in short interest in August. As of August 14th, there was short interest totaling 3,966,050 shares, an increase of 63.6% from the July 30th total of 2,423,933 shares. Based on an average daily trading volume, of 456 shares, the days-to-cover ratio is currently 8,697.5 days.
Keppel DC REIT Price Performance
Shares of OTCMKTS:KPDCF traded up $0.20 during midday trading on Monday, reaching $1.75. 295 shares of the company’s stock were exchanged, compared to its average volume of 1,730. The company’s 50 day simple moving average is $1.73 and its two-hundred day simple moving average is $1.80. Keppel DC REIT has a 12 month low of $1.51 and a 12 month high of $2.20.
Keppel DC REIT Company Profile
Keppel DC REIT is a Singapore-based real estate investment trust established in August 2014 with a focused portfolio of income-producing data centre properties. It represents Asia’s first listed pure-play data centre REIT and seeks to generate stable, long-term returns by investing in a diversified suite of facilities that support the growing demand for digital infrastructure. The trust is supported by Keppel Data Centres Holding Pte Ltd, the sponsor responsible for origination, asset management and development of data centre assets.
The REIT’s portfolio spans key markets across the Asia Pacific and Europe, including Singapore, Malaysia, Australia, the United Kingdom and Germany.
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