Short Interest in Suntec Real Estate Investment Trust (OTCMKTS:SURVF) Increases By 78.4%

Suntec Real Estate Investment Trust (OTCMKTS:SURVF) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totaling 432,485 shares, a growth of 78.4% from the December 15th total of 242,385 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Suntec Real Estate Investment Trust Price Performance

Shares of Suntec Real Estate Investment Trust stock opened at $1.00 on Friday. Suntec Real Estate Investment Trust has a 1 year low of $0.85 and a 1 year high of $1.04. The stock has a 50-day moving average price of $0.99 and a 200 day moving average price of $0.97.

Suntec Real Estate Investment Trust Company Profile

Suntec Real Estate Investment Trust, established in 2004, is a Singapore-based real estate investment trust that focuses on acquiring and managing office and retail properties. Its flagship asset, Suntec City, comprises six office towers and an expansive retail podium. The trust also holds significant interests in office towers within the Marina Bay Financial Centre, further solidifying its presence in Singapore’s central business district.

In an effort to diversify geographically, Suntec REIT has selectively expanded into Asia-Pacific markets, including the acquisition of landmark office properties in Melbourne, Australia.