Suntec Real Estate Investment Trust (OTCMKTS:SURVF – Get Free Report) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 19,485 shares, a drop of 43.8% from the August 15th total of 34,685 shares. Based on an average daily volume of 13 shares, the short-interest ratio is presently 1,498.8 days. Currently, 0.0% of the shares of the company are sold short.
Suntec Real Estate Investment Trust Stock Performance
OTCMKTS SURVF opened at $1.11 on Tuesday. Suntec Real Estate Investment Trust has a 1 year low of $0.88 and a 1 year high of $1.24. The company has a fifty day moving average of $1.08 and a 200 day moving average of $1.12.
Suntec Real Estate Investment Trust Company Profile
Suntec Real Estate Investment Trust (Suntec REIT) is a Singapore-listed 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 located in Singapore, Australia and the United Kingdom.
The trust’s Singapore portfolio includes interests in Suntec City, an integrated commercial development comprising office space, retail facilities and convention-related amenities. Suntec REIT also has interests in prominent office properties in Singapore’s central business district, including assets associated with Marina Bay Financial Centre and One Raffles Quay.
Suntec REIT was established in 2004 and has expanded internationally through investments in commercial properties in Australia and the United Kingdom.
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