Suntec Real Estate Investment Trust (OTCMKTS:SURVF) Sees Large Increase in Short Interest

Suntec Real Estate Investment Trust (OTCMKTS:SURVF) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 2,146,700 shares, a growth of 20.2% from the February 28th total of 1,785,900 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Suntec Real Estate Investment Trust Stock Performance

Shares of SURVF stock opened at $0.86 on Thursday. Suntec Real Estate Investment Trust has a twelve month low of $0.75 and a twelve month high of $0.92. The stock has a fifty day simple moving average of $0.86 and a two-hundred day simple moving average of $0.87.

About Suntec Real Estate Investment Trust

Listed on 9 December 2004, Suntec REIT holds properties in Suntec City, Singapore's largest integrated commercial development (including one of Singapore's largest shopping mall), a 66.3% interest in Suntec Singapore Convention & Exhibition Centre, a one-third interest in One Raffles Quay and a one-third interest in Marina Bay Financial Centre Towers 1 and 2 and the Marina Bay Link Mall.