Short Interest in Link Real Estate Investment Trust (OTCMKTS:LKREF) Expands By 1,701.5%

Link Real Estate Investment Trust (OTCMKTS:LKREF) saw a significant growth in short interest in May. As of May 15th, there was short interest totaling 4,843,446 shares, a growth of 1,701.5% from the April 30th total of 268,859 shares. Based on an average trading volume of 1,233 shares, the short-interest ratio is presently 3,928.2 days.

Link Real Estate Investment Trust Price Performance

Shares of LKREF stock traded up $0.16 on Friday, hitting $5.36. The stock had a trading volume of 1,923 shares, compared to its average volume of 7,051. The stock’s 50 day moving average is $4.96 and its 200-day moving average is $4.77. Link Real Estate Investment Trust has a 52-week low of $4.20 and a 52-week high of $5.88.

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.