Link Real Estate Investment Trust (OTCMKTS:LKREF) Short Interest Update

Link Real Estate Investment Trust (OTCMKTS:LKREF) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 997,844 shares, a growth of 192.6% from the June 30th total of 341,009 shares. Based on an average trading volume of 10,241 shares, the days-to-cover ratio is presently 97.4 days.

Link Real Estate Investment Trust Stock Performance

OTCMKTS:LKREF remained flat at $5.30 during mid-day trading on Monday. 450 shares of the company traded hands, compared to its average volume of 5,764. The firm’s 50-day moving average is $4.91 and its 200-day moving average is $4.82. Link Real Estate Investment Trust has a 12 month low of $4.20 and a 12 month high of $5.83.

Link Real Estate Investment Trust Company Profile

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.