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

Keppel REIT (OTCMKTS:KREVFGet Free Report) saw a large growth in short interest in June. As of June 30th, there was short interest totalling 289,100 shares, a growth of 60.1% from the June 15th total of 180,600 shares. Based on an average daily volume of 54,500 shares, the short-interest ratio is currently 5.3 days.

Keppel REIT Stock Performance

Shares of KREVF stock opened at $0.64 on Friday. Keppel REIT has a fifty-two week low of $0.55 and a fifty-two week high of $0.74. The stock has a 50 day moving average price of $0.64 and a two-hundred day moving average price of $0.65.

Keppel REIT Company Profile

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Listed by way of an introduction on 28 April 2006, Keppel REIT is one of Asia's leading real estate investment trusts with a portfolio of prime commercial assets in Asia Pacific's key business districts. Keppel REIT's objective is to generate stable income and sustainable long-term total return for its Unitholders by owning and investing in a portfolio of quality income-producing commercial real estate and real estate-related assets in Asia Pacific.

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