Keppel REIT (OTCMKTS:KREVF) Short Interest Down 40.7% in January

Keppel REIT (OTCMKTS:KREVF) saw a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 3,990,788 shares, a decrease of 40.7% from the January 15th total of 6,731,094 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 7,534 shares, the short-interest ratio is currently 529.7 days. Based on an average daily trading volume, of 7,534 shares, the short-interest ratio is currently 529.7 days. Currently, 0.1% of the company’s stock are short sold.

Keppel REIT Price Performance

OTCMKTS KREVF traded down $0.02 during trading on Friday, hitting $0.78. The company’s stock had a trading volume of 5,200 shares, compared to its average volume of 4,609. Keppel REIT has a fifty-two week low of $0.50 and a fifty-two week high of $1.20. The business’s 50 day simple moving average is $0.74 and its 200-day simple moving average is $0.76.

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.