Keppel DC REIT (OTCMKTS:KPDCF – Get Free Report) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 307,819 shares, a drop of 83.4% from the September 30th total of 1,856,458 shares. Based on an average daily volume of 579 shares, the days-to-cover ratio is presently 531.6 days.
Keppel DC REIT Price Performance
KPDCF stock remained flat at $1.64 during trading on Thursday. The company had a trading volume of 3,500 shares, compared to its average volume of 1,941. Keppel DC REIT has a fifty-two week low of $1.51 and a fifty-two week high of $2.20. The business’s fifty day simple moving average is $1.64 and its 200 day simple moving average is $1.76.
About Keppel DC REIT
Keppel DC REIT is a Singapore-based real estate investment trust focused on owning and investing in income-producing data center properties. Its portfolio is designed to support the digital infrastructure needs of businesses, cloud service providers, telecommunications companies and other technology-driven organizations.
The REIT’s properties generally include data centers and related facilities that provide space, power, cooling, connectivity and security for information technology equipment.
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