Keppel REIT (OTCMKTS:KREVF) Short Interest Down 55.9% in August

Keppel REIT (OTCMKTS:KREVFGet Free Report) was the target of a significant drop in short interest in August. As of August 14th, there was short interest totaling 3,450,871 shares, a drop of 55.9% from the July 30th total of 7,818,305 shares. Based on an average trading volume of 162 shares, the short-interest ratio is presently 21,301.7 days. Currently, 0.1% of the company’s stock are short sold.

Keppel REIT Stock Performance

KREVF traded down $0.01 during trading on Friday, reaching $0.65. 233 shares of the stock traded hands, compared to its average volume of 275. The stock’s 50-day simple moving average is $0.68 and its two-hundred day simple moving average is $0.70. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.12 and a quick ratio of 0.12. Keppel REIT has a fifty-two week low of $0.50 and a fifty-two week high of $1.20.

Keppel REIT Company Profile

(Get Free Report)

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.

Further Reading

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