Keppel REIT (OTCMKTS:KREVF) Short Interest Update

Keppel REIT (OTCMKTS:KREVF) saw a significant growth in short interest in February. As of February 27th, there was short interest totaling 13,473,100 shares, a growth of 110.0% from the February 12th total of 6,415,773 shares. Based on an average trading volume of 5,740 shares, the days-to-cover ratio is presently 2,347.2 days. Approximately 0.3% of the company’s shares are short sold. Approximately 0.3% of the company’s shares are short sold. Based on an average trading volume of 5,740 shares, the days-to-cover ratio is presently 2,347.2 days.

Keppel REIT Stock Performance

Shares of KREVF remained flat at $0.73 on Thursday. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.12 and a quick ratio of 0.12. The business’s 50 day simple moving average is $0.77 and its two-hundred day simple moving average is $0.77. Keppel REIT has a 52 week low of $0.50 and a 52 week high of $1.20.

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.