Killam Apartment REIT (OTCMKTS:KMMPF) Short Interest Down 9.9% in September

Killam Apartment REIT (OTCMKTS:KMMPFGet Free Report) saw a significant decline in short interest in the month of September. As of September 30th, there was short interest totalling 1,064,300 shares, a decline of 9.9% from the September 15th total of 1,181,300 shares. Based on an average daily trading volume, of 800 shares, the days-to-cover ratio is presently 1,330.4 days.

Killam Apartment REIT Price Performance

Shares of OTCMKTS:KMMPF remained flat at $14.25 during midday trading on Tuesday. The stock’s 50-day moving average price is $14.65 and its 200 day moving average price is $13.31. Killam Apartment REIT has a 1-year low of $11.32 and a 1-year high of $15.75.

About Killam Apartment REIT

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Killam Apartment REIT, based in Halifax, Nova Scotia, is one of Canada's largest residential real estate investment trusts, owning, operating, managing and developing a $4.9 billion portfolio of apartments and manufactured home communities. Killam's strategy to enhance value and profitability focuses on three priorities: 1) increasing earnings from existing operations; 2) expanding the portfolio and diversifying geographically through accretive acquisitions, with an emphasis on newer properties; and 3) developing high-quality properties in its core markets.

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