Link Real Estate Investment Trust (OTCMKTS:LKREF – Get Free Report) was the target of a large drop in short interest in February. As of February 13th, there was short interest totaling 6,324,370 shares, a drop of 14.0% from the January 29th total of 7,355,233 shares. Based on an average daily trading volume, of 20,495 shares, the short-interest ratio is currently 308.6 days. Based on an average daily trading volume, of 20,495 shares, the short-interest ratio is currently 308.6 days.
Link Real Estate Investment Trust Trading Down 3.0%
Shares of OTCMKTS:LKREF opened at $4.69 on Thursday. Link Real Estate Investment Trust has a 12 month low of $4.20 and a 12 month high of $5.88. The firm’s 50-day moving average is $4.60 and its 200 day moving average is $4.93.
About Link Real Estate Investment Trust
Link Real Estate Investment Trust (OTCMKTS: LKREF) is a Hong Kong–based real estate investment trust that owns and manages a diversified portfolio of retail properties, car parks and office spaces. Established in December 2005, Link REIT was formed through the initial public offering of non-railway commercial assets of the MTR Corporation and has since grown to become one of Asia’s largest REITs by asset value. Its holdings primarily consist of community shopping centres, daily necessities-focused retail outlets and complementary car parking facilities, with a strategy aimed at providing everyday convenience to local communities.
In addition to property ownership, Link REIT provides a range of asset and property management services through its wholly owned subsidiary, Link Asset Management Limited.
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