Link Real Estate Investment Trust (OTCMKTS:LKREF) Short Interest Down 91.1% in June

Link Real Estate Investment Trust (OTCMKTS:LKREF) was the target of a large drop in short interest in June. As of June 30th, there was short interest totaling 341,009 shares, a drop of 91.1% from the June 15th total of 3,811,806 shares. Based on an average trading volume of 2,087 shares, the short-interest ratio is currently 163.4 days.

Link Real Estate Investment Trust Price Performance

LKREF traded up $0.11 during mid-day trading on Friday, reaching $4.81. 5,086 shares of the stock were exchanged, compared to its average volume of 6,009. The company has a 50 day moving average price of $4.92 and a two-hundred day moving average price of $4.77. Link Real Estate Investment Trust has a 1 year low of $4.20 and a 1 year high of $5.83.

About Link Real Estate Investment Trust

Link Real Estate Investment Trust (OTCMKTS: LKREF) is a Hong Kong–based real estate investment trust that owns and manages a diversified portfolio of retail properties, car parks and office spaces. Established in December 2005, Link REIT was formed through the initial public offering of non-railway commercial assets of the MTR Corporation and has since grown to become one of Asia’s largest REITs by asset value. Its holdings primarily consist of community shopping centres, daily necessities-focused retail outlets and complementary car parking facilities, with a strategy aimed at providing everyday convenience to local communities.

In addition to property ownership, Link REIT provides a range of asset and property management services through its wholly owned subsidiary, Link Asset Management Limited.