Suntec Real Estate Investment Trust (OTCMKTS:SURVF) Short Interest Down 47.9% in July

Suntec Real Estate Investment Trust (OTCMKTS:SURVFGet Free Report) was the recipient of a significant drop in short interest in July. As of July 15th, there was short interest totalling 1,626,400 shares, a drop of 47.9% from the June 30th total of 3,123,900 shares. Based on an average daily volume of 26,600 shares, the days-to-cover ratio is currently 61.1 days.

Suntec Real Estate Investment Trust Stock Down 1.5 %

SURVF stock traded down $0.01 during mid-day trading on Friday, hitting $0.84. The company had a trading volume of 1,000 shares, compared to its average volume of 6,649. Suntec Real Estate Investment Trust has a 12-month low of $0.75 and a 12-month high of $0.94. The company has a 50-day moving average price of $0.81 and a 200 day moving average price of $0.85.

About Suntec Real Estate Investment Trust

(Get Free Report)

Listed on 9 December 2004, Suntec REIT holds properties in Suntec City, Singapore's largest integrated commercial development (including one of Singapore's largest shopping mall), a 66.3% interest in Suntec Singapore Convention & Exhibition Centre, a one-third interest in One Raffles Quay and a one-third interest in Marina Bay Financial Centre Towers 1 and 2 and the Marina Bay Link Mall.

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