Suntec Real Estate Investment Trust (OTCMKTS:SURVF) Shares Shorted: Short Interest Up 14,782.6% in October

Suntec Real Estate Investment Trust (OTCMKTS:SURVF) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 2,871,293 shares, a growth of 14,782.6% from the September 30th total of 19,293 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Suntec Real Estate Investment Trust Stock Performance

Shares of OTCMKTS:SURVF remained flat at $1.11 during trading on Monday. Suntec Real Estate Investment Trust has a 12-month low of $0.88 and a 12-month high of $1.24. The company’s 50-day moving average price is $1.10 and its 200-day moving average price is $1.11.

Suntec Real Estate Investment Trust Company Profile

Suntec Real Estate Investment Trust is a Singapore-based real estate investment trust focused on owning and managing income-producing commercial properties. Its portfolio is primarily composed of office and retail assets, with properties positioned in major business and urban centers.

The REIT’s Singapore portfolio includes interests in Suntec City, a large mixed-use development comprising office towers, a retail mall and the Suntec Singapore Convention & Exhibition Centre, as well as interests in other prominent office properties in the Marina Bay and central business district areas.