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

Keppel REIT (OTCMKTS:KREVF) was the target of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 346,800 shares, a drop of 56.2% from the August 31st total of 791,000 shares. Based on an average trading volume of 6,300 shares, the short-interest ratio is currently 55.0 days. Based on an average trading volume of 6,300 shares, the short-interest ratio is currently 55.0 days.

Keppel REIT Price Performance

OTCMKTS KREVF opened at $0.83 on Friday. Keppel REIT has a 1-year low of $0.56 and a 1-year high of $0.83. The stock has a 50-day moving average of $0.75 and a 200-day moving average of $0.68.

About Keppel REIT

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.