Keppel REIT (OTCMKTS:KREVF) Sees Significant Growth in Short Interest

Keppel REIT (OTCMKTS:KREVF) saw a significant growth in short interest in March. As of March 31st, there was short interest totaling 15,604,110 shares, a growth of 30.2% from the March 15th total of 11,980,484 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average trading volume of 4,924 shares, the short-interest ratio is currently 3,169.0 days.

Keppel REIT Price Performance

KREVF opened at $0.76 on Friday. The company has a fifty day moving average of $0.74 and a 200 day moving average of $0.76. Keppel REIT has a fifty-two week low of $0.50 and a fifty-two week high of $1.20. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.41.

Keppel REIT Company Profile

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.