Keppel Corp. (OTCMKTS:KPELY) Short Interest Update

Keppel Corp. (OTCMKTS:KPELY) saw a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 11,005 shares, a growth of 49.0% from the July 30th total of 7,385 shares. Based on an average daily volume of 10,882 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.0% of the shares of the company are sold short.

Keppel Price Performance

OTCMKTS:KPELY traded down $0.04 during mid-day trading on Tuesday, reaching $18.46. 269 shares of the company’s stock were exchanged, compared to its average volume of 3,617. Keppel has a one year low of $13.02 and a one year high of $21.11. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.34 and a quick ratio of 1.15. The business’s fifty day simple moving average is $17.56 and its two-hundred day simple moving average is $17.99.

Analysts Set New Price Targets

Separately, Zacks Research raised Keppel to a “hold” rating in a report on Friday, May 22nd. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Keppel presently has an average rating of “Moderate Buy”.

About Keppel

Keppel Corporation Ltd is a Singapore‐headquartered conglomerate offering diversified businesses spanning offshore & marine, property, infrastructure, and asset management. Through its Offshore & Marine arm, Keppel designs, builds and repairs mobile offshore drilling units, production platforms and specialized vessels, while pursuing new energy solutions such as offshore wind foundations and floating solar platforms. Its property division develops residential, commercial and mixed‐use projects across Asia, Europe and the Americas, complemented by real estate investment trusts and fund management services.

In the infrastructure segment, Keppel delivers integrated solutions for power generation, water treatment, waste management and district cooling.