Killam Apartment REIT (OTCMKTS:KMMPF) Short Interest Down 27.3% in January

Killam Apartment REIT (OTCMKTS:KMMPF) saw a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 1,388,400 shares, a decline of 27.3% from the January 15th total of 1,909,900 shares. Based on an average daily volume of 800 shares, the short-interest ratio is presently 1,735.5 days.

Killam Apartment REIT Price Performance

KMMPF stock remained flat at $11.06 during midday trading on Friday. 59,907 shares of the company traded hands, compared to its average volume of 824. Killam Apartment REIT has a 1-year low of $11.02 and a 1-year high of $15.75. The company’s fifty day moving average price is $11.76 and its two-hundred day moving average price is $13.31.

About Killam Apartment REIT

Killam Apartment REIT, based in Halifax, Nova Scotia, is one of Canada's largest residential real estate investment trusts, owning, operating, managing and developing a $4.9 billion portfolio of apartments and manufactured home communities. Killam's strategy to enhance value and profitability focuses on three priorities: 1) increasing earnings from existing operations; 2) expanding the portfolio and diversifying geographically through accretive acquisitions, with an emphasis on newer properties; and 3) developing high-quality properties in its core markets.