Keppel DC REIT (OTCMKTS:KPDCF – Get Free Report) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 3,966,050 shares, a growth of 63.6% from the July 30th total of 2,423,933 shares. Based on an average trading volume of 456 shares, the short-interest ratio is currently 8,697.5 days.
Keppel DC REIT Stock Up 12.6%
OTCMKTS KPDCF opened at $1.75 on Wednesday. Keppel DC REIT has a twelve month low of $1.51 and a twelve month high of $2.20. The stock has a 50-day moving average of $1.73 and a 200 day moving average of $1.80.
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.
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