Short Interest in Link Real Estate Investment Trust (OTCMKTS:LKREF) Rises By 215.1%

Link Real Estate Investment Trust (OTCMKTS:LKREF) saw a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 7,355,233 shares, an increase of 215.1% from the January 15th total of 2,333,897 shares. Based on an average trading volume of 3,732 shares, the days-to-cover ratio is currently 1,970.9 days. Based on an average trading volume of 3,732 shares, the days-to-cover ratio is currently 1,970.9 days.

Link Real Estate Investment Trust Stock Performance

Shares of OTCMKTS:LKREF traded up $0.09 during mid-day trading on Wednesday, reaching $4.52. The stock had a trading volume of 85,068 shares, compared to its average volume of 7,704. The firm has a 50 day simple moving average of $4.52 and a two-hundred day simple moving average of $5.03. Link Real Estate Investment Trust has a twelve month low of $4.20 and a twelve month high of $5.88.

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.