Short Interest in Keppel DC REIT (OTCMKTS:KPDCF) Expands By 74.0%

Keppel DC REIT (OTCMKTS:KPDCF) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 3,354,172 shares, an increase of 74.0% from the December 31st total of 1,927,221 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Keppel DC REIT Trading Up 1.2%

KPDCF traded up $0.02 during mid-day trading on Friday, hitting $1.68. The stock had a trading volume of 9,996 shares, compared to its average volume of 2,185. Keppel DC REIT has a 1-year low of $0.75 and a 1-year high of $2.40. The stock’s fifty day simple moving average is $1.71 and its 200-day simple moving average is $1.81.

Keppel DC REIT Company Profile

Keppel DC REIT is a Singapore-based real estate investment trust established in August 2014 with a focused portfolio of income-producing data centre properties. It represents Asia’s first listed pure-play data centre REIT and seeks to generate stable, long-term returns by investing in a diversified suite of facilities that support the growing demand for digital infrastructure. The trust is supported by Keppel Data Centres Holding Pte Ltd, the sponsor responsible for origination, asset management and development of data centre assets.

The REIT’s portfolio spans key markets across the Asia Pacific and Europe, including Singapore, Malaysia, Australia, the United Kingdom and Germany.