Keppel REIT (OTCMKTS:KREVF) Sees Significant Increase in Short Interest

Keppel REIT (OTCMKTS:KREVF) was the target of a significant growth in short interest during the month of August. As of August 15th, there was short interest totalling 1,551,500 shares, a growth of 1,714.6% from the July 31st total of 85,500 shares. Based on an average daily volume of 3,500 shares, the days-to-cover ratio is presently 443.3 days.

Keppel REIT Price Performance

OTCMKTS KREVF remained flat at $0.64 during trading hours on Tuesday. Keppel REIT has a 1 year low of $0.55 and a 1 year high of $0.74. The company has a 50 day moving average price of $0.64 and a 200-day moving average price of $0.64.

Keppel REIT Company Profile

Listed by way of an introduction on 28 April 2006, Keppel REIT is one of Asia's leading real estate investment trusts with a portfolio of prime commercial assets in Asia Pacific's key business districts. Keppel REIT's objective is to generate stable income and sustainable long-term total return for its Unitholders by owning and investing in a portfolio of quality income-producing commercial real estate and real estate-related assets in Asia Pacific.