Keppel Ltd. (OTCMKTS:KPELY) Sees Large Decrease in Short Interest

Keppel Ltd. (OTCMKTS:KPELY) was the recipient of a large drop in short interest in March. As of March 15th, there was short interest totalling 4,500 shares, a drop of 68.3% from the February 28th total of 14,200 shares. Based on an average daily volume of 21,300 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

Keppel Stock Down 2.3 %

KPELY stock traded down $0.23 on Friday, hitting $9.81. 473 shares of the company’s stock were exchanged, compared to its average volume of 3,295. The firm has a 50 day moving average price of $10.06 and a two-hundred day moving average price of $9.95. Keppel has a 12-month low of $8.45 and a 12-month high of $11.34. The company has a quick ratio of 0.73, a current ratio of 1.05 and a debt-to-equity ratio of 0.85.

About Keppel

Keppel Ltd., an investment holding company, engages in the infrastructure, real estate, and connectivity business in Singapore, China, Hong Kong, other far East and ASEAN countries, and internationally. The company operates through, Infrastructure, Real Estate, and Connectivity. It manages private funds and listed real estate investment and business trusts, in areas of infrastructure, real estate, and connectivity; energy and environmental solutions and services, including commercial power generation, renewables, environmental engineering and construction, and infrastructure; operation and maintenance; property development and investment; master development; sustainable and innovative urban space solutions; and system integration solutions and services.