Keppel DC REIT (OTCMKTS:KPDCF – Get Free Report) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 307,819 shares, a drop of 83.4% from the September 30th total of 1,856,458 shares. Based on an average trading volume of 579 shares, the days-to-cover ratio is presently 531.6 days.
Keppel DC REIT Stock Up 2.5%
Keppel DC REIT stock traded up $0.04 during trading hours on Wednesday, hitting $1.64. The company had a trading volume of 3,500 shares, compared to its average volume of 1,941. Keppel DC REIT has a one year low of $1.51 and a one year high of $2.20. The firm has a 50-day moving average of $1.64 and a 200 day moving average of $1.76.
About Keppel DC REIT
Keppel DC REIT is a Singapore-based real estate investment trust focused on owning and investing in income-producing data center properties. Its portfolio is designed to support the digital infrastructure needs of businesses, cloud service providers, telecommunications companies and other technology-driven organizations.
The REIT’s properties generally include data centers and related facilities that provide space, power, cooling, connectivity and security for information technology equipment.
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