Keppel REIT (OTCMKTS:KREVF) Short Interest Up 60.8% in February

Keppel REIT (OTCMKTS:KREVF) saw a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 6,415,773 shares, an increase of 60.8% from the January 29th total of 3,990,788 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 10,813 shares, the days-to-cover ratio is presently 593.3 days. Based on an average daily volume of 10,813 shares, the days-to-cover ratio is presently 593.3 days. Currently, 0.2% of the company’s shares are sold short.

Keppel REIT Price Performance

Keppel REIT stock opened at $0.80 on Friday. The firm has a fifty day simple moving average of $0.75 and a two-hundred day simple moving average of $0.76. Keppel REIT has a twelve month low of $0.50 and a twelve month high of $1.20.

About Keppel REIT

Keppel REIT (OTCMKTS:KREVF) is a Singapore-based real estate investment trust sponsored by Keppel Land, a subsidiary of Keppel Corporation. Established in 2006 and listed on the Singapore Exchange, the REIT focuses on investing in premium office properties within the Asia-Pacific region.

The portfolio comprises six Grade A office buildings in Singapore’s Central Business District, including landmark developments such as Marina Bay Financial Centre Tower 1, Maritime Square Tower 2 and Ocean Financial Centre.